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Greedy Banks Incorporated hitter
rip you off. 

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How can I help? 
Okay, hi. 

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Yeah, I'm just calling because I
noticed recently that the base 

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rates went to 5%, I'm trying to 
get a mortgage at the moment and

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I can't seem to find anything at
5%. 

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There will be a lot higher. 
Okay, sir, let me just come in 

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there. 
You're making the rookie error 

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of thinking that the bank of 
England interest rate has 

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anything to do with mortgages at
all. 

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It doesn't, it's just a handy 
guide for others Banks to set 

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the rate to exactly where we 
want. 

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So, if you're looking at a 5% 
bank rate, you're going to be 

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looking at a mortgage of a 
roughly six point five percent. 

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That's a good six point, okay? 
So sorry I'm just failing to 

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understand here. 
What does the base rate do? 

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Yeah, yeah, that's right. 
That the base rate. 

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There is just a handy guide for 
US Banks to set, mortgage rate 

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exactly where we want. 
You need to think about mortgage

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rates as something separate to 
the bank of England base rate, 

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think of that, maybe, as more of
your interest of what you could.

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But going back to mortgages, 
you're going to actually want a 

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rate of roughly six point five 
percent because, you know, we 

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need to make some money for our 
shareholders. 

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Okay. 
So the rates have been seeing a 

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right, okay. 
Well, I've Quite a large deposit

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of money. 
At the moment I was thinking of 

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paying off the mortgage. 
I think what I'll do then is try

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to benefit benefit from some of 
those interest rates. 

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Can I deposit some money and 
receive the 5% interest rate 

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myself? 
You can absolutely deposit some 

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money but you cannot access the 
5% base rate because like I 

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said, so that is just a guide 
for US Banks. 

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What we tend to do is pass on 
those but interest rate hikes 

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very quickly when it comes to 
mortgages. 

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But we do kite tend to lag 
behind a few months when it 

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comes to passing on those 
interest rate savings because 

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like I said, it's our 
prerogative sir and we're here 

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to rip you off. 
So So if I'm looking right here 

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you can access a savings rate 
that roughly 3.5 percent. 

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How does that sound? 
What three but sorry. 

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I'm just really really 
misunderstanding the point of 

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the base rate. 
So if if the base rate gives me 

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a higher mortgage rise and lower
interest rates, I'm not 

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benefiting either. 
That's right. 

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No, absolutely not. 
We benefit as a whole. 

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Okay. 
Thank you, sir. 

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All right, by I'll put you down 
for both of those products by 

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know. 
Dylan, I'm going to do the 

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introduction this week because I
want to do an impression of you.

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Hopefully, the viewers will 
enjoy, you ready? 

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This is, this is you. 
Hello everybody. 

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Welcome to the next episode of 
CH late repeat. you always see 

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that you always do this, you 
gotta lie clean, you look for 

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head your way through the 
podcast, like, If I did it, I'd 

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be, I'd be ridiculed for being 
Megamind because she you got 

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that like nice hair but your 
real ridiculed for being 

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Megamind. 
Anyway, don't worry about it 

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intro, different one. 
Hello everybody Dylan here, just

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about see me. 
Yeah, you do. 

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Okay, I need to go back and 
watch that again because I've 

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obviously I never I never 
realized that I do that. 

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Anyway. 
Hey everybody, welcome back to 

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another episode of Assisi 
repeat. 

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My name is Dylan. 
My name is Hayden. 

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Anyone listening to the audio 
right now is They get what they 

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want these people talking about.
Just so you know, if you've got 

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Spotify, you can actually watch 
us do this podcast as well. 

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The numbers are, you know 
scarily growing Hayden on the 

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video watching in general, the 
huge percentage of people on 

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Spotify do actually watch this. 
And so I'm going to stop and I'm

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going to kind of you know just 
hold back my insults because 

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they're a huge part of our basic
minutes. 

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So if you're watching well, then
you and I definitely don't think

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that's weird. 
So thank you. 

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No longer creates not gonna call
them creeps anymore. 

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I think what I'm going to do is 
that Politics move of just not 

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call them anything. 
Yes. 

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Then I don't have to say I don't
you know, maybe I still think 

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that maybe I don't. 
Who knows I've not said 

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anything, not denying it, not 
saying it. 

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Yeah, that's fair. 
And just on that point, I think 

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Hayden on a very serious point 
in general. 

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We are very excited at me 
because in the last couple of 

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weeks, our numbers have just 
genuinely boomed. 

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Double got so many followers, 
doubled, followers and more than

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doubled listens, and that tells 
me one thing. 

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You're not following those of 
you listening. 

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So make sure you follow as make 
sure you give us a review, the 

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Visa peeking up as well. 
Now, I know, we keep asking for 

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them, but guys, I care more 
right now, but say hello to you.

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If you're a new listener and get
in touch with us because we love

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00:04:01,400 --> 00:04:03,000
to hear from you. 
So, if you're enjoying this 

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00:04:03,000 --> 00:04:06,800
podcast, please do let us know, 
via all the usual methods where 

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00:04:06,800 --> 00:04:08,700
that's answer your question, on 
our Spotify. 

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00:04:08,900 --> 00:04:11,800
Whether that's finding, as an 
Instagram, it teach, sleep, 

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00:04:11,800 --> 00:04:14,600
repeat podcast with that Siege. 
Emailing us at teach to your 

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00:04:14,600 --> 00:04:16,700
Peak POD at gmail.com. 
Well, that's tweeting us at 

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teach Sr podcast. 
You'll get to know all of these 

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very soon. 
Can I just say, I tell you what 

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you need to do right now because
we take it. 

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We say all the time but doesn't 
happen. 

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Much is you need to pause this 
podcast right ass in the 

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funniest story. 
You can think of your teaching 

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career or just generally maybe 
you're not a teacher and it's 

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just a funny story. 
Make us laugh. 

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We want to share it. 
We like laughing you like 

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laughing right to us. 
Do it. 

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Do it guys because we want to 
hear from you but you're not 

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here to hear us talk about 
saying, thank you to you. 

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You're here for us to dive in to
our usual business. 

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So Hayden as ever. 
How has your week been my pal? 

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I have my pal. 
I have been looking forward to. 

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You asking me this question 
because I really want to share a

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story, but it on behalf of both 
of us, you know, this story 

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because you were there and I 
really wanted to share with the 

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viewers and listeners. 
Okay, I'm really looking forward

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to it. 
It was a week ago that Dylan and

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I are Partners. 
We went for lunch, local place 

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and we like to go to and it's 
right by the Sea and they've got

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this lovely balcony that you can
go and see on. 

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We sat inside that day, it was 
very hot, but other people, 

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worse out there and this is, 
this is so funny. 

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So you know what seagulls are 
like if you live near the coast,

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they are ruthless, they. 
Well, I've been, I've had a 

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seagull flying to be before and 
still while I Out of my hand, I 

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was talking into my chest, like 
they are ruthless Relentless and

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surprised, it didn't think that 
your whole head was just an egg.

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You can go for it. 
Landed on it thinking, it's 

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gonna start nesting like, it's 
gonna start looking after and 

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then it was saw an ice cream. 
Just you just stole it from me. 

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Anyway, back to the story, 
right? 

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So this these two ladies were 
eating outside our table for two

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and they'd for whatever reason 
left their table. 

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I don't know what they were 
doing, but they just weren't 

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there and their food will still 
there. 

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You know what's coming, right? 
A seagull came down, landed on 

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the table. 
I must have it a field that 

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time, it was just literally just
on their plates. 

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Stepping through their food, 
eating their food, and they came

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back and they were like, oh, 
like horrified, like, oh, okay 

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lead, what didn't have the 
confidence to go and like shoo 

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it away. 
And there's this other lady sat 

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next to it. 
This older lady just like just 

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videoing it legit and leaning 
over not helping just videoing. 

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And the best part was when they 
are sigar eventually went away 

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because the waitress came out 
and shoot it off. 

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The two ladies who are horrified
sort of standing there like That

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was like, that was awesome. 
That was our food. 

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And should we say, can we get 
something? 

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Yeah, we ask the people feel 
like it should the waitress, but

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I'm so sorry about that. 
Like you obviously, you can't 

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leave your food because of, you 
know, whatever. 

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And she just said, are you 
finished? 

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They were just like, yeah, of 
course, of course, when finished

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and she just took my face and 
walked back inside of court. 

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Or do you mean? 
Are they finished? 

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Of course they are. 
And obviously, So funny, it's 

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embarrassing. 
It's that they're the table, 

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like really close to them. 
Try not to die. 

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From laughter that misery. 
I want it. 

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The, the fact, one of the 
funniest parts of me was that 

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older older woman, who looks 
down the table next to them 

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because she did just have her 
phone out. 

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She had like, a full on Canon 
camera like a free. 

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Professional. 
Big big. 

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And she even said, she didn't 
even just do it should. 

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Oh, do you mind if I just put 
this massive I'm route. 

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Imagine what it just finish your
dinner and someone that just 

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documenting a seagull absolutely
bombing into it. 

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Very funny moment. 
I very funny moment highlight of

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my week. 
Other than that, you know, 

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standard week. 
What about you? 

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Yeah. 
Decent it was a standard week 

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nor week at time times 6 is just
busy, everyone's talking about 

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it online. 
Everyone knows it, there's just 

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so much to cram in. 
You're trying to finish the 

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curriculum, I saw a tweet again.
It was just from someone who 

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mentioned the fact that it's 
such still a stigma of summer 

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term, 6 or time to whatever you 
want to call it in summer where,

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I think a lot of people even 
teachers still thing. 

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Oh, it's an easy ride. 
Never is, it's the most intense 

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week ever. 
But in general this week, we had

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to rearrange, our some affair 
because of the bad weather. 

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That was another thing on the 
comment that we supposed to do. 

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But there was just one thing 
that did stick out to me this 

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week that really, really, really
just baby laughs. 

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And it's something I'm going to 
do this week for the in the 

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future podcast where we can do 
another little bit about it 

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because it was simply a kid's 
joke and we all know it. 

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We both know as teachers that 
kids jokes are hilarious, but 

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not always, because they're 
hilarious jokes, but this one 

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really kind of sad With me for a
bit because I thought it was 

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rubbish. 
And then I thought about it and 

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I went, oh no wait I stood 
suddenly understood it and it 

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00:08:37,700 --> 00:08:39,400
was so bad that it was good. 
So I want to tell you. 

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This joke told me this week that
she started off by saying, I 

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00:08:44,100 --> 00:08:45,900
can't tell you a joke. 
I was like, okay, go on. 

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00:08:45,900 --> 00:08:47,400
It was the morning. 
When they just coming in putting

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00:08:47,400 --> 00:08:49,200
their coats away to get in 
there, quite repairing, your 

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00:08:49,200 --> 00:08:51,200
fake laugh. 
Yeah, yeah. 

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00:08:51,200 --> 00:08:52,400
I'm thinking to myself. 
Okay. 

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00:08:52,700 --> 00:08:54,400
Okay. 
This child, you know, I'm kind 

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00:08:54,400 --> 00:08:55,600
of scanning the child every 
time. 

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00:08:55,700 --> 00:08:57,900
Well, this child react does. 
This child want me to laughs? 

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00:08:58,100 --> 00:08:59,800
Well this child, enjoy me 
telling them how bad their 

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00:08:59,800 --> 00:09:01,600
Joker's or trying to think how 
to get there. 

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00:09:01,700 --> 00:09:04,100
Reaction up. 
Yeah, and for this chart I stick

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00:09:04,100 --> 00:09:04,500
it out. 
Okay. 

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00:09:04,500 --> 00:09:06,400
I'm gonna I'm gonna I'm gonna 
definitely pretend that this is 

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00:09:06,400 --> 00:09:08,800
funny which plays into the 
story. 

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00:09:08,800 --> 00:09:10,500
So she goes, okay, I made this 
up myself. 

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00:09:11,000 --> 00:09:12,900
That's okay, no problem and 
Shawn. 

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00:09:12,900 --> 00:09:15,900
Okay, what do you call a camel 
that likes ham? 

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00:09:16,800 --> 00:09:18,400
And I don't know. 
I changed it. 

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00:09:18,400 --> 00:09:19,600
No. 
And I'd like my mind. 

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00:09:19,600 --> 00:09:22,000
I wasn't making this morning so 
don't know what you call it 

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00:09:22,400 --> 00:09:28,100
Hamill, right? 
So I continue. 

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00:09:28,700 --> 00:09:30,300
I start off with my fake laugh. 
I go. 

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00:09:30,300 --> 00:09:31,600
Huh? 
Yeah, good one. 

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00:09:31,800 --> 00:09:33,700
Didn't remotely make the link at
all. 

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00:09:33,700 --> 00:09:36,700
That it has the word cam. 
It it could be quite easily goes

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00:09:36,700 --> 00:09:38,800
down. 
Anyway, she walks off and I 

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00:09:38,800 --> 00:09:41,400
realized this when she's halfway
back to her seat and then I do 

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00:09:41,400 --> 00:09:44,400
my real laugh, I like her. 
And she's like, what? 

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00:09:44,400 --> 00:09:46,600
And I was like, I just got your 
joke and she kind of looked like

226
00:09:46,700 --> 00:09:48,800
what is it, was the first 
laughs? 

227
00:09:50,000 --> 00:09:53,900
It was just so funny. 
I'm struggling to understand 

228
00:09:53,900 --> 00:09:57,300
what you didn't get when she 
said, Hamill, did you not tell 

229
00:09:57,300 --> 00:10:01,300
me about it? 
No, no, I heard the word ham but

230
00:10:01,300 --> 00:10:03,400
I thought she just done 
something like she may as well. 

231
00:10:03,400 --> 00:10:05,000
Have said, to me, what's an elf?
What would you call? 

232
00:10:05,000 --> 00:10:07,800
An elephant that likes ham and 
she goes Hammer front. 

233
00:10:08,100 --> 00:10:11,500
Like I didn't get the link that 
Camel already add something that

234
00:10:11,500 --> 00:10:13,700
sounds like Hammond it. 
Oh, the rhyme, right. 

235
00:10:14,000 --> 00:10:15,000
Yeah. 
So she could have said, what do 

236
00:10:15,008 --> 00:10:17,100
you call a dog that likes ham 
and just ham? 

237
00:10:17,200 --> 00:10:25,600
Like, I had another kid. 
There's it just a classic joke 

238
00:10:25,600 --> 00:10:27,800
and you'll probably remember the
main joke, this comes from, but 

239
00:10:27,800 --> 00:10:30,200
he'd obviously heard it and 
read. hold it really poorly and 

240
00:10:30,200 --> 00:10:38,500
this He went. 
What did one wave? 

241
00:10:38,500 --> 00:10:41,500
Say to the other wave. 
Tonight. 

242
00:10:41,700 --> 00:10:46,300
Nothing just waved God. 
That's not the joke. 

243
00:10:46,300 --> 00:10:48,300
Mate. 
Yeah, that's not the joke. 

244
00:10:49,100 --> 00:10:51,000
That's what did the see say to 
the beach? 

245
00:10:51,100 --> 00:10:52,200
Nothing. 
Just wait. 

246
00:10:52,700 --> 00:10:55,100
What is the wave say to the way 
it waived? 

247
00:10:55,400 --> 00:10:57,200
You probably heard that Jackie 
thought I can think of my own 

248
00:10:57,200 --> 00:10:57,700
one. 
Now. 

249
00:10:58,000 --> 00:11:00,900
Unique version of this joke. 
Brilliant. 

250
00:11:02,300 --> 00:11:04,000
So yeah. 
In general, my week was pretty 

251
00:11:04,000 --> 00:11:05,700
normal. 
I wrote that down because it 

252
00:11:05,700 --> 00:11:08,400
made me laugh. 
And yeah, I think we're just 

253
00:11:08,400 --> 00:11:11,200
kind of I do about you Hayden. 
I'm exhausted. 

254
00:11:11,200 --> 00:11:13,200
I feel like I'm on my last legs 
in school whenever I finish a 

255
00:11:13,208 --> 00:11:15,300
school day it just feels very 
intense. 

256
00:11:15,300 --> 00:11:18,200
If there's no wind down at all 
that about you and yes, it is 

257
00:11:18,200 --> 00:11:19,800
exactly the same. 
I said, yes. 

258
00:11:19,800 --> 00:11:21,800
Yes, those my colleagues. 
I was like, I feel like there's 

259
00:11:21,800 --> 00:11:24,600
always three things to do and I 
have to pick one of them because

260
00:11:24,600 --> 00:11:26,300
I just can't do all of the 
things is. 

261
00:11:27,100 --> 00:11:29,400
Yeah, it's quite stressful as 
this same colleague was saying, 

262
00:11:29,400 --> 00:11:32,200
yeah, I worked till 9:45 again 
last night and I have that every

263
00:11:32,200 --> 00:11:35,900
single day this week, just 
starting stuff and it's just 

264
00:11:35,900 --> 00:11:37,900
it's a weird one. 
Because when you ask I feel like

265
00:11:37,900 --> 00:11:39,800
I'd always struggle. 
If you said to me a call, tell 

266
00:11:39,800 --> 00:11:41,300
me a right down. 
On paper, all the things you're 

267
00:11:41,300 --> 00:11:43,400
doing are different. 
I'd always be like, I don't 

268
00:11:43,400 --> 00:11:45,100
really know. 
But in the moment you can always

269
00:11:45,100 --> 00:11:46,500
think of loads. 
Like she was saying like, yeah 

270
00:11:46,500 --> 00:11:49,500
last night I just a secondary 
school, email, me and needed. 

271
00:11:49,500 --> 00:11:52,100
A bunch of transition notes for 
a couple of kids but they forgot

272
00:11:52,100 --> 00:11:55,400
to do earlier as I add as an 
annoying job is now and I'll but

273
00:11:55,400 --> 00:11:57,300
that's the only one but then 
another day at the next day 

274
00:11:57,308 --> 00:11:59,100
there's always something else. 
Like oh yeah some Affairs be 

275
00:11:59,100 --> 00:12:00,900
rearranged I've got to do this 
now is change what we're doing 

276
00:12:01,300 --> 00:12:04,600
okay that's that thing right 
here and it does build up and I 

277
00:12:04,600 --> 00:12:07,300
do feel bad like certain certain
members of Staff always seem to 

278
00:12:08,200 --> 00:12:09,800
Call the flag of I doing all 
these extra. 

279
00:12:09,800 --> 00:12:13,400
Yeah, it's pretty rubbish but I 
tell you I think the heat is 

280
00:12:13,400 --> 00:12:15,200
just. 
It's the killer, you know, like 

281
00:12:15,200 --> 00:12:16,300
as much. 
I'm really enjoying it. 

282
00:12:16,300 --> 00:12:17,400
By the way, I'm not those 
people. 

283
00:12:17,400 --> 00:12:19,600
I'm trying not to let people 
that like moan about the rain. 

284
00:12:19,600 --> 00:12:21,800
The mud about the heat. 
I actually thoroughly enjoy 

285
00:12:21,800 --> 00:12:24,500
summer so much more than that. 
Any other part of the year? 

286
00:12:24,500 --> 00:12:27,100
But some days when it's 
ridiculously hot. 

287
00:12:27,200 --> 00:12:31,200
Oh man, it just like, I'm I just
get so much more exhausted by 

288
00:12:31,200 --> 00:12:32,900
the end of the day. 
I just want to flop because I 

289
00:12:32,908 --> 00:12:34,300
think I think it's just the 
heat. 

290
00:12:34,400 --> 00:12:36,700
I think it's fair enough to say 
that you can enjoy the sunshine 

291
00:12:36,700 --> 00:12:38,800
and the heat but not while 
You're working in a stuffy 

292
00:12:38,800 --> 00:12:41,500
classroom of 30 for people like 
that as a very different thing 

293
00:12:41,500 --> 00:12:42,800
isn't it? 
So you don't you're not, you're 

294
00:12:42,800 --> 00:12:45,500
not a hypocrite. 
If you say Oh I thought you 

295
00:12:45,500 --> 00:12:47,200
liked the heat. 
Don't you like being in a sweaty

296
00:12:47,200 --> 00:12:50,600
classroom which prepubescent 
children but for a whole day no,

297
00:12:50,600 --> 00:12:52,700
not really because it's not the 
most enjoyable thing. 

298
00:12:52,700 --> 00:12:55,800
Is it not the nicest smell. 
There is a distinct smell of 

299
00:12:55,800 --> 00:12:56,900
your six. 
I'm just going to say, you know,

300
00:12:56,900 --> 00:12:58,800
everyone always says that, you 
know, the children are getting 

301
00:12:58,800 --> 00:13:00,100
older. 
Now it's a bit as of. 

302
00:13:00,100 --> 00:13:01,900
There's more body mass in the, 
in the room. 

303
00:13:01,900 --> 00:13:06,200
It gets a little bit stinky. 
Although you can't, you don't 

304
00:13:06,200 --> 00:13:07,500
notice it. 
When you're in your sex, I will 

305
00:13:07,500 --> 00:13:09,000
say. 
So only other only whenever 

306
00:13:09,000 --> 00:13:10,500
adults come in they go course 
Dixon. 

307
00:13:10,500 --> 00:13:12,700
And I'm like, does it? 
It's just me then. 

308
00:13:13,000 --> 00:13:14,700
Yeah. 
And I see this when you slowly 

309
00:13:14,700 --> 00:13:18,000
realize that in fact it is just 
you simple children because that

310
00:13:18,000 --> 00:13:22,500
was they've been awful day, 
Hayden, I'm here. 

311
00:13:22,600 --> 00:13:25,600
Actually since that day, i-i've 
just speak it back. 

312
00:13:25,600 --> 00:13:29,100
Now to that introduction, we did
around the bank of inter are 

313
00:13:29,100 --> 00:13:32,200
Bank of England. 
Interest rates that idea because

314
00:13:32,200 --> 00:13:33,900
that is the main theme of this 
episode. 

315
00:13:33,900 --> 00:13:36,500
So I'm thinking potentially we 
could take a quick break maybe 

316
00:13:36,500 --> 00:13:40,500
chat about it, and And then we 
could dive into this whole 

317
00:13:40,500 --> 00:13:42,700
episode which does surround the 
fact that teachers are still 

318
00:13:42,700 --> 00:13:46,700
striking and how the cost of 
living impact is cost of living,

319
00:13:46,700 --> 00:13:49,800
is having an impact on this 
profession and we're going to 

320
00:13:49,800 --> 00:13:51,500
try and explore that in detail. 
How does that sound? 

321
00:13:51,500 --> 00:13:52,100
Yeah. 
Sweet. 

322
00:13:52,100 --> 00:13:56,800
Let's get to it. 
So ask it at the start of this 

323
00:13:56,800 --> 00:13:59,400
episode was kind of born out of 
our own personal experience, 

324
00:13:59,400 --> 00:14:01,700
wasn't it? 
Because it's this idea of 

325
00:14:01,800 --> 00:14:04,400
everyone, it has been watching 
the news for the last 12 months.

326
00:14:04,400 --> 00:14:07,300
13 months, interest rates going 
up every single month. 

327
00:14:07,300 --> 00:14:09,900
It's gone from about 1.5 
something like 1.5 percent is 

328
00:14:09,900 --> 00:14:13,700
now five percent and the idea of
how that's affecting people in 

329
00:14:13,700 --> 00:14:16,300
their everyday lives and the 
government say is the line that 

330
00:14:16,300 --> 00:14:17,900
is trying to curb inflation. 
Sure. 

331
00:14:17,900 --> 00:14:21,200
But it's going to have much 
shorter impact short-term impact

332
00:14:21,200 --> 00:14:25,200
on certain things and it was 
this really Idea wasn't heydon't

333
00:14:25,200 --> 00:14:29,200
that you are currently going 
through the process of trying to

334
00:14:29,200 --> 00:14:31,900
get your remortgage application 
in because you're fixed time, 

335
00:14:31,900 --> 00:14:33,500
it's coming to an end at 
possibly. 

336
00:14:33,900 --> 00:14:35,100
And I'm just going to say it's 
going to annoy you. 

337
00:14:35,108 --> 00:14:38,000
I'm sure the most annoying time 
Posse ever forget to genuinely 

338
00:14:38,000 --> 00:14:40,700
like for the last 12 months, I 
have been literally waiting 

339
00:14:40,700 --> 00:14:42,400
thinking. 
I know what's gonna happen. 

340
00:14:42,400 --> 00:14:45,300
This is going to keep going up, 
just in time for me to 

341
00:14:45,300 --> 00:14:48,000
remortgage and I'm going to 
remortgage at a horrible rate 

342
00:14:48,000 --> 00:14:52,000
and pay considerably more a 
month just for the privilege of 

343
00:14:52,000 --> 00:14:54,000
continuing, my mortgage, you 
know, and I get it. 

344
00:14:54,000 --> 00:14:55,300
Boo. 
Who like, you know, interest 

345
00:14:55,300 --> 00:14:56,900
rates change all the time. 
People are constantly paying 

346
00:14:56,900 --> 00:15:00,400
more or less as it fluctuates. 
So whatever, but the thing that 

347
00:15:00,400 --> 00:15:03,700
annoyed me as someone, maybe who
just doesn't know loads about 

348
00:15:03,700 --> 00:15:06,900
how the base rate works. 
I just kind of expected that 

349
00:15:06,900 --> 00:15:09,300
base rate to be relevant in any 
way. 

350
00:15:09,300 --> 00:15:12,700
And it just kind of isn't in 
terms of the actual number. 

351
00:15:12,700 --> 00:15:14,900
Like, the relevance, I guess, is
the fact that it's going up, 

352
00:15:14,900 --> 00:15:17,200
that's the relevance, but the 
actual number just annoy me 

353
00:15:17,200 --> 00:15:20,800
because I went to remortgage and
I just literally last week had 

354
00:15:20,800 --> 00:15:25,100
that had the meeting about 
ramoji and I was expecting five 

355
00:15:25,100 --> 00:15:27,800
percent and we're looking at all
these fixed terms and they were 

356
00:15:27,808 --> 00:15:32,300
between like, 5.3 and 96%. 
I'm like, what, what, why are 

357
00:15:32,300 --> 00:15:35,800
they already considerably higher
than than the base rate? 

358
00:15:35,800 --> 00:15:37,500
I don't get it. 
Yeah, it did. 

359
00:15:37,500 --> 00:15:40,400
This is the thing we and we kind
of like try to have a joke about

360
00:15:40,400 --> 00:15:42,400
this. 
In the start it is different. 

361
00:15:42,400 --> 00:15:46,200
What what mortgage rates are in 
our calculated off its off more 

362
00:15:46,200 --> 00:15:49,000
long-term swaps and bonds and 
things like that. 

363
00:15:49,000 --> 00:15:51,400
So that interest rate is today, 
okay? 

364
00:15:51,700 --> 00:15:54,100
Now what they tend to do for 
mortgages is make a prediction. 

365
00:15:54,200 --> 00:15:57,400
Ian for the future because it's 
such a long term loan, right? 

366
00:15:57,500 --> 00:15:58,700
Hmm. 
I'm not gonna pretend to know 

367
00:15:58,700 --> 00:16:00,900
the ins and outs of it but it's 
not just a simple case of look 

368
00:16:00,900 --> 00:16:02,200
at the base rate that's your 
mortgage rate. 

369
00:16:02,400 --> 00:16:05,100
They'll make almost like a 
prediction to cover themselves. 

370
00:16:05,300 --> 00:16:07,900
So the fact that mortgage rates 
are higher and they tend to be 

371
00:16:07,900 --> 00:16:09,700
higher as well just for the 
bank's profit margin I suppose 

372
00:16:09,700 --> 00:16:13,800
but also the fact that the fact 
it's higher is them kind of 

373
00:16:13,800 --> 00:16:15,800
hedging their bets that it still
has a bit of wiggle room to go 

374
00:16:15,800 --> 00:16:18,300
up in the future and then the 
banks don't get caught short on 

375
00:16:18,300 --> 00:16:20,200
these ridiculously low loans 
which they will have. 

376
00:16:20,200 --> 00:16:23,200
If anyone has fixed for 5 to 10 
years in the last couple years, 

377
00:16:23,200 --> 00:16:25,300
the banks now have to provide 
Those loans are really, really 

378
00:16:25,300 --> 00:16:27,900
low, right? 
So there is, there is reasoning 

379
00:16:27,900 --> 00:16:30,400
behind it, but it's still 
frustrating, right? 

380
00:16:30,400 --> 00:16:32,400
When you go to your broker and 
you think, wow, I've done 

381
00:16:32,400 --> 00:16:33,100
nothing. 
I've done. 

382
00:16:33,100 --> 00:16:34,900
Absolutely nothing. 
I've met every single hotel. 

383
00:16:34,900 --> 00:16:38,100
If I mortgage, but now it's 
hundreds of pounds extra because

384
00:16:38,100 --> 00:16:40,600
of such a steep increase. 
I think, that's the thing, how 

385
00:16:40,600 --> 00:16:41,900
steep it's being. 
Yeah. 

386
00:16:41,900 --> 00:16:45,500
Well, my people people, I think 
it's so easy to misunderstand, 

387
00:16:45,700 --> 00:16:47,100
like the percentages and things 
like that. 

388
00:16:47,100 --> 00:16:51,800
Write it in terms of numbers, as
numbers stand hearing like 2.5 

389
00:16:51,800 --> 00:16:55,200
go out, going up to 5%, it's 
That's not, I'm actually still a

390
00:16:55,208 --> 00:16:58,900
very low number and because 
percentages go up to 100 and 

391
00:16:58,900 --> 00:17:00,800
what you really have to realize 
that is proportionally. 

392
00:17:00,800 --> 00:17:03,000
If you got, it is exactly what 
happened to me by the way. 

393
00:17:03,000 --> 00:17:06,200
So I was on a two point, five 
percent, fixed mortgage and now 

394
00:17:06,200 --> 00:17:08,300
I'm going to go on to like a 5 
point something percent. 

395
00:17:08,300 --> 00:17:11,599
It's more than doubled. 
That means the interest that I 

396
00:17:11,599 --> 00:17:14,599
pay on my mortgage is more than 
doubling and that's hundreds of 

397
00:17:14,599 --> 00:17:17,599
pounds of my mortgage. 
Now, if I kept at the same term 

398
00:17:18,200 --> 00:17:20,400
that I was on, in terms of the 
years, left to repay, my 

399
00:17:20,400 --> 00:17:22,900
mortgage would go up by 400 
pounds a month. 

400
00:17:23,599 --> 00:17:26,300
Which is no, Joe. 
That's that's not just like a an

401
00:17:26,300 --> 00:17:27,700
amount that people just go. 
Oh yeah. 

402
00:17:27,700 --> 00:17:30,500
Okay, I'll just stop having, you
know, I'll stop having lunch 

403
00:17:30,500 --> 00:17:33,200
every other week out with my 
mates and save that 400 quid 

404
00:17:33,200 --> 00:17:33,900
like no. 
I'm sorry. 

405
00:17:33,900 --> 00:17:37,300
But the average person, I don't 
think the average person in our 

406
00:17:37,300 --> 00:17:40,800
sort of position is spending 400
pounds on something that's like 

407
00:17:40,800 --> 00:17:42,400
such a luxury. 
They can just drop every every 

408
00:17:42,400 --> 00:17:44,500
month. 
It's just that if that's a huge,

409
00:17:44,500 --> 00:17:47,100
that's a significant amount of 
money to go up, but just are 

410
00:17:47,100 --> 00:17:49,900
just because and, and the two 
things I thought were really 

411
00:17:49,900 --> 00:17:54,900
interesting were number one. 
The longer you went in terms of 

412
00:17:54,900 --> 00:17:58,300
a fixed term for one. 
So the first time the cheaper it

413
00:17:58,300 --> 00:18:01,900
was so typically if you want to 
fix for a long period of time, 

414
00:18:02,100 --> 00:18:05,000
you pay a slightly increased 
rate because you're paying the 

415
00:18:05,000 --> 00:18:08,300
premium for knowing that your 
your percentage is going to be 

416
00:18:08,300 --> 00:18:10,600
the same for the next look like,
you know, 5 years, 10 years or 

417
00:18:10,600 --> 00:18:12,200
whatever is here is a security 
thing. 

418
00:18:12,200 --> 00:18:14,000
So you pay a slightly higher 
percentage, but you at least, 

419
00:18:14,000 --> 00:18:15,500
you know, it's fixed for the 
next 10 years. 

420
00:18:15,900 --> 00:18:18,700
But now what they're doing is 
the longer you'll fix for the 

421
00:18:18,700 --> 00:18:22,900
cheaper is which the Brokers are
speaking to Who's a good friend 

422
00:18:22,900 --> 00:18:26,100
of yours James was saying that 
that's probably an indicator 

423
00:18:26,100 --> 00:18:31,100
that the actually. 
Yeah, maybe maybe the percentage

424
00:18:31,100 --> 00:18:32,900
rates are quite high right now 
and they probably going to come 

425
00:18:32,900 --> 00:18:34,200
down. 
So if they can fix you in for a 

426
00:18:34,208 --> 00:18:36,900
longer period of time, then they
will because they probably going

427
00:18:36,900 --> 00:18:39,000
to be lower in seven years, you 
know, that kind of thing. 

428
00:18:39,200 --> 00:18:40,800
So that was a that was a little 
bit promising but the thing I 

429
00:18:40,808 --> 00:18:44,200
thought was really crazy, right 
was I was like, okay maybe they 

430
00:18:44,200 --> 00:18:46,500
are just really high right now 
and they want to get people 

431
00:18:46,500 --> 00:18:49,100
fixed in, whatever it. 
So that's why it's a bit higher 

432
00:18:49,100 --> 00:18:53,400
than the base rate, but the base
rate itself, He is five percent 

433
00:18:53,400 --> 00:18:57,400
so maybe if I go on a variable 
one and I just and I just ride 

434
00:18:57,400 --> 00:19:00,300
the wave of the base rate, maybe
that will be a bit lower and 

435
00:19:00,300 --> 00:19:02,100
you're just paying for that 
gamble of like, where's it 

436
00:19:02,108 --> 00:19:04,100
going? 
To be looked at the variable 

437
00:19:04,100 --> 00:19:05,700
variable rate. 
Would you reckon? 

438
00:19:06,800 --> 00:19:09,500
It's I've seen it before. 
It's something like Bank of 

439
00:19:09,500 --> 00:19:12,200
England base rate and then in 
Brackets plus 1% or something 

440
00:19:12,200 --> 00:19:15,500
cute about it was it was 
honestly on average about 7 to 8

441
00:19:15,500 --> 00:19:17,300
percent. 
If you want to jump on a 

442
00:19:17,308 --> 00:19:20,600
variable variable rate for your 
mortgage said, like what that is

443
00:19:20,600 --> 00:19:23,400
an insane amount that would 
triple my, that'd be another 400

444
00:19:23,400 --> 00:19:25,600
pounds a month, just to sit on 
the variable rate for a bit. 

445
00:19:25,600 --> 00:19:28,700
So you have to fix your 
absolutely bottleneck to nail 

446
00:19:28,800 --> 00:19:31,000
into fiction mortgage or don't 
have one. 

447
00:19:32,700 --> 00:19:34,300
That's it. 
There's no choice anymore. 

448
00:19:35,000 --> 00:19:36,900
So I ended up fixing for two 
years in the hope that. 

449
00:19:36,900 --> 00:19:39,400
In two years they will have 
reduced a little bit. 

450
00:19:39,600 --> 00:19:40,800
Yes. 
The nation's down to like three 

451
00:19:40,800 --> 00:19:45,600
or four percent but yeah. 
Mad mad time and I know that for

452
00:19:45,600 --> 00:19:48,700
you it's interesting because 
they're stuck there that side of

453
00:19:48,700 --> 00:19:50,600
the coin in a way for you, I 
know you've got a mortgage as 

454
00:19:50,600 --> 00:19:55,600
well, but you've also been 
interested in putting your money

455
00:19:55,600 --> 00:19:58,100
into an account because I know 
we'll talk about another episode

456
00:19:58,100 --> 00:20:01,100
but you you went on, who was the
villain are saving on. 

457
00:20:01,100 --> 00:20:03,100
Doesn't know that he did. 
And who has, Who Wants To Be A 

458
00:20:03,100 --> 00:20:05,800
Millionaire, a couple of years 
ago, and one a decent chunk of 

459
00:20:05,808 --> 00:20:07,600
money, which is awesome. 
And you are very sensible of 

460
00:20:07,608 --> 00:20:08,700
that money. 
I thought I'm going to put it in

461
00:20:08,708 --> 00:20:10,700
an account. 
You try to accrue some interest.

462
00:20:11,100 --> 00:20:14,000
And from your point of view you,
I know that you are thinking, 

463
00:20:14,000 --> 00:20:15,800
oh, this is a great thing, 
because at least the Bates rate 

464
00:20:15,800 --> 00:20:18,300
going up means, I will get more 
interest and the cash that I 

465
00:20:18,300 --> 00:20:19,800
have. 
But what, you know, what's your 

466
00:20:19,800 --> 00:20:22,900
experience been with that? 
Well, it's frustrating. 

467
00:20:22,900 --> 00:20:25,600
Because if you think back to 
when I won the money, it was in 

468
00:20:25,600 --> 00:20:27,700
2020. 
Okay so I want to lump sum of 

469
00:20:27,700 --> 00:20:31,900
money and back then the interest
rate was a literally at 0.1%. 

470
00:20:32,000 --> 00:20:33,600
Sent after covid. 
They worked it down to basically

471
00:20:33,600 --> 00:20:36,500
nothing. 
So the point being at that point

472
00:20:36,500 --> 00:20:39,300
me saving that money, although 
sensible, because even though 

473
00:20:39,300 --> 00:20:41,500
it's frustrating, I didn't feel 
like I was getting much interest

474
00:20:41,500 --> 00:20:43,300
from it. 
I didn't want to feel like I had

475
00:20:43,300 --> 00:20:45,500
to spend it. 
In that case, I didn't like the 

476
00:20:45,500 --> 00:20:47,300
argument of all you got make the
most of it because it will just 

477
00:20:47,300 --> 00:20:50,600
get eaten Away by inflation. 
I was like yeah but I get that. 

478
00:20:50,608 --> 00:20:53,300
But at least at the minute I'm 
not just wasting it for no 

479
00:20:53,300 --> 00:20:54,900
reason. 
So it. 

480
00:20:54,900 --> 00:20:56,700
Yeah, you're right. 
The last 12 months, as interest 

481
00:20:56,700 --> 00:20:58,700
rates have crept up. 
I've thought I actually, you 

482
00:20:58,700 --> 00:21:01,700
know, I can get a decent amount 
every month for this in the same

483
00:21:01,700 --> 00:21:04,400
way that People borrowing a lump
sum for a mortgage are paying 

484
00:21:04,400 --> 00:21:07,100
hundreds of pounds extra because
of the airway interest works. 

485
00:21:07,500 --> 00:21:09,900
I thought to myself. 
Or in that case, if I flip it, I

486
00:21:09,900 --> 00:21:11,500
can be paid. 
Hundreds of pounds from the 

487
00:21:11,508 --> 00:21:14,400
banks for the interest on my 
capital, in fact, that they're 

488
00:21:14,400 --> 00:21:16,500
basically borrowing it from me. 
So they can invest it how they 

489
00:21:16,500 --> 00:21:18,800
like and they pay me Interest, 
which is supposed to be hot 

490
00:21:18,800 --> 00:21:20,700
cakes, right? 
Yeah, exactly. 

491
00:21:20,700 --> 00:21:22,200
I feel, that's cool. 
No problem. 

492
00:21:22,200 --> 00:21:25,000
And the way that I know, I 
understand more and people can 

493
00:21:25,000 --> 00:21:27,300
be very condescending or the 
banks, especially can be very 

494
00:21:27,300 --> 00:21:30,200
like, all you don't understand 
how mortgage rates works on. 

495
00:21:30,200 --> 00:21:32,400
Don't look at the interest rates
at one time, Meant to look at 

496
00:21:32,408 --> 00:21:33,200
them. 
Sorry. 

497
00:21:33,300 --> 00:21:35,600
Oh it's the long-term bonds and 
swaps and things. 

498
00:21:35,600 --> 00:21:39,100
Okay, fine, I can accept that 
whatever, but then when you flip

499
00:21:39,100 --> 00:21:43,200
it, the bank's, the day after 
interest rates go up the day 

500
00:21:43,200 --> 00:21:45,700
after they will withdraw, 
mortgage deals and put new ones 

501
00:21:45,700 --> 00:21:47,500
out that go up by certain 
amount. 

502
00:21:47,900 --> 00:21:50,800
They will take months to pass 
that on, no, to any savings 

503
00:21:50,800 --> 00:21:52,900
account, and that's what's 
really frustrating. 

504
00:21:52,900 --> 00:21:55,100
Because, as soon as that base 
rate goes up by not point five 

505
00:21:55,100 --> 00:21:58,100
percent, you'll see mortgage 
rates up on 0.5 percent. 

506
00:21:58,100 --> 00:22:01,200
Within within three days, 
savings rates, or we've got to 

507
00:22:01,208 --> 00:22:03,100
have to do a switch. 
To really think about how we 

508
00:22:03,100 --> 00:22:04,800
pass this on to you guys as 
customers. 

509
00:22:05,200 --> 00:22:08,400
And I saw this very 
condescending article from one 

510
00:22:08,400 --> 00:22:09,900
of the leads of the bank's. 
I think it was Nationwide a 

511
00:22:09,908 --> 00:22:10,800
Barclays. 
I don't know. 

512
00:22:10,900 --> 00:22:12,700
So if you're listening 
Nationwide about please man I'm 

513
00:22:12,700 --> 00:22:15,400
sorry if it was me but it was 
one of them and he basically 

514
00:22:15,400 --> 00:22:19,100
said what customers are telling 
us is that they don't want 

515
00:22:19,200 --> 00:22:21,600
interest rates going up and 
they're easy access, they want 

516
00:22:21,600 --> 00:22:25,500
ways of being able to be 
encouraged to save more and 

517
00:22:25,500 --> 00:22:28,600
that's through it not being easy
access and through it being not 

518
00:22:28,600 --> 00:22:32,300
to I'm like I'm sorry shut up. 
How about you just Offer the 

519
00:22:32,300 --> 00:22:34,700
interest rate and let the 
customers decide what it is that

520
00:22:34,700 --> 00:22:37,100
they want. 
Because I tell you now easy 

521
00:22:37,100 --> 00:22:40,400
access to their savings is vital
and a cost of living and the 

522
00:22:40,400 --> 00:22:44,200
only way cost of in crisis and 
the only way that you can get 

523
00:22:44,200 --> 00:22:46,800
interest rates close to the five
percent is if you lock away your

524
00:22:46,808 --> 00:22:48,300
money for years and you can't 
touch it. 

525
00:22:48,600 --> 00:22:51,400
If you want an instant access, 
which means you can dip in when 

526
00:22:51,400 --> 00:22:54,100
times get tough, which they 
currently are, you're looking at

527
00:22:54,100 --> 00:22:57,600
still between three and four 
percent which is a massive dip 

528
00:22:57,600 --> 00:22:59,500
on this in Bank of England 
interest rate and it makes me 

529
00:22:59,500 --> 00:23:01,500
think what is that interest rate
for? 

530
00:23:02,000 --> 00:23:04,900
It's much lower for savings and 
much higher for mortgage rates. 

531
00:23:05,000 --> 00:23:07,900
The banks are laughing. 
They are absolutely laughing at 

532
00:23:07,900 --> 00:23:12,000
you and trying to tell you 
that's not what you want, silly 

533
00:23:12,000 --> 00:23:14,200
person. 
We know what you want with your 

534
00:23:14,200 --> 00:23:17,400
money and it's much less of it 
and and if you want more of it 

535
00:23:17,400 --> 00:23:20,100
then it's ours for five years 
and that's what you want. 

536
00:23:20,200 --> 00:23:23,300
It's the same as politicians. 
We know what people want. 

537
00:23:23,300 --> 00:23:26,700
We know and it's invariably 
worse, it's ridiculous. 

538
00:23:26,800 --> 00:23:30,600
And before we move on to, like, 
talkin about strikes and I can't

539
00:23:30,600 --> 00:23:32,800
the whole like public sector and
And we're all that sort of 

540
00:23:32,800 --> 00:23:33,700
stuff. 
We've got planned. 

541
00:23:33,800 --> 00:23:34,900
I really just want a moment for 
a minute. 

542
00:23:34,900 --> 00:23:40,000
Okay, about about this a bit 
more because I recently had a 

543
00:23:40,008 --> 00:23:43,300
conversation with someone in 
person not to, I wasn't gonna 

544
00:23:43,300 --> 00:23:46,500
keep a worry for once and we're 
is a civil conversation. 

545
00:23:46,500 --> 00:23:49,900
It was just about like mortgages
because obviously, I was across 

546
00:23:49,900 --> 00:23:52,200
that I'm getting a mortgage on a
much, higher rate now and 

547
00:23:52,200 --> 00:23:54,400
they're kind of go to us. 
Yeah, well look how it's not 

548
00:23:54,400 --> 00:23:57,000
that bad, you know, they've 
always been around like three to

549
00:23:57,000 --> 00:23:58,800
five percent. 
You should have been around in 

550
00:23:58,800 --> 00:24:05,300
the 70s and the late 70s 1979 to
T they spiked at 15% and it's 

551
00:24:05,300 --> 00:24:07,500
that classic argument. 
I've heard it so many times, I 

552
00:24:07,500 --> 00:24:10,700
just, I just, I roll now and I 
just want to talk about it for a

553
00:24:10,708 --> 00:24:13,600
minute, because I've sat there 
and done the research, and I've 

554
00:24:14,000 --> 00:24:15,800
listened to other people who 
have also done the same sort of 

555
00:24:15,800 --> 00:24:17,700
research, just confirming this 
exact same thing. 

556
00:24:17,800 --> 00:24:20,700
And I am going to say to you 
right now, listeners and viewers

557
00:24:21,100 --> 00:24:24,000
that, if you've got a mortgage 
right now on 5.5% and you're 

558
00:24:24,000 --> 00:24:26,300
just an average person and an 
average house, okay? 

559
00:24:26,300 --> 00:24:29,800
If we're just taking the 
average, it is worse than the 

560
00:24:29,800 --> 00:24:32,800
average person. 
The average house in 89 for the 

561
00:24:32,800 --> 00:24:35,200
two months that it peaked to 
17%. 

562
00:24:35,200 --> 00:24:37,000
It's worse and I can prove it to
you. 

563
00:24:37,200 --> 00:24:40,400
Okay. 
Because back then in 1979 it was

564
00:24:40,400 --> 00:24:42,100
like it was like the end of 
right at the end. 

565
00:24:42,100 --> 00:24:46,500
Like November time was when the 
average mortgage interest rate, 

566
00:24:46,500 --> 00:24:50,400
peaked at 17 percent and then it
dropped back down to like 14, 15

567
00:24:50,400 --> 00:24:52,300
percent, which is still 
obviously horrendous. 

568
00:24:52,500 --> 00:24:54,900
And if that was the percentage 
is now we'd all be going. 

569
00:24:54,900 --> 00:24:57,800
We'd all be out of our homes 
because we just simply couldn't 

570
00:24:57,800 --> 00:24:59,900
afford it. 
But the difference is, in the 

571
00:24:59,900 --> 00:25:02,600
important comparison to make 
here and I We want to get this 

572
00:25:02,600 --> 00:25:07,000
across is that it the number 
alone does not equal bad or 

573
00:25:07,000 --> 00:25:11,700
good. 15% isn't inherently worse
than five point five percent. 

574
00:25:11,700 --> 00:25:15,200
Which is where we're at right 
now because it depends on how 

575
00:25:15,200 --> 00:25:17,200
much you're earning and how much
you borrowed. 

576
00:25:17,500 --> 00:25:18,800
That's what that's the important
thing. 

577
00:25:18,800 --> 00:25:21,200
So here are some stats for you. 
Dylan just going to check them 

578
00:25:21,200 --> 00:25:22,500
out. 
You can pretend to care as much 

579
00:25:22,500 --> 00:25:25,600
as you want. 
So now you Hayden this is the 

580
00:25:25,600 --> 00:25:29,200
thing I care the most about is 
Injustice on economics and 

581
00:25:29,200 --> 00:25:30,800
stuff. 
So hit me and make my blood 

582
00:25:30,800 --> 00:25:32,700
pressure guy. 
I know No, I just wanted you to 

583
00:25:32,700 --> 00:25:35,600
say that for me. 
So, back in 1979, right? 

584
00:25:36,300 --> 00:25:41,000
The average house, the average 
house price was 18.5, K 18,500. 

585
00:25:41,300 --> 00:25:43,300
The average. 
This is sounds. 

586
00:25:43,400 --> 00:25:45,400
It sounds mad. 
We just stop there. 

587
00:25:45,500 --> 00:25:47,700
I know, I know, and that's nice.
It doesn't feel like that long 

588
00:25:47,700 --> 00:25:48,400
ago. 
That's 90. 

589
00:25:48,400 --> 00:25:53,300
That's the end of 1979, right at
the end of 1979 18,500 for your 

590
00:25:53,300 --> 00:25:55,900
average house in the UK, the 
average salary. 

591
00:25:55,900 --> 00:25:59,200
Now, this was a hard start to 
get, and I've, and it's, and it 

592
00:25:59,200 --> 00:26:01,700
will make a slight difference to
the comparison because I could 

593
00:26:01,700 --> 00:26:05,900
only The average salary of a man
because they didn't take 

594
00:26:05,900 --> 00:26:08,000
household income data. 
Then they, they very much 

595
00:26:08,000 --> 00:26:10,100
separated it, men and women, but
they didn't have the average 

596
00:26:10,100 --> 00:26:12,100
household income, which is what 
we have now and we can use. 

597
00:26:12,500 --> 00:26:15,300
But if we think about culture 
and the way things were back 

598
00:26:15,300 --> 00:26:18,600
then, it was more common that 
there was one income coming into

599
00:26:18,600 --> 00:26:22,000
a house and it was quite often 
than a man's income coming into 

600
00:26:22,000 --> 00:26:23,200
the house and running the house,
right? 

601
00:26:23,200 --> 00:26:26,800
So what you're saying here, if 
anything that this number for 

602
00:26:26,800 --> 00:26:29,600
the household would be bigger. 
Yeah, their form exactly that 

603
00:26:29,600 --> 00:26:31,600
with the easier in the 70s. 
So, exactly. 

604
00:26:31,900 --> 00:26:33,900
I think this is a worst-case 
scenario for 70. 

605
00:26:33,900 --> 00:26:36,300
Yeah, precisely that. 
So this is based off just one 

606
00:26:36,300 --> 00:26:38,000
person's income. 
Now if you were in a household 

607
00:26:38,000 --> 00:26:40,600
where where both parents worked 
or whatever, what you know, 

608
00:26:40,600 --> 00:26:43,900
whatever the family situation 
was then the number would be 

609
00:26:44,000 --> 00:26:46,900
even easier to manage. 
This is based on one single 

610
00:26:46,900 --> 00:26:48,900
man's income. 
Right? 

611
00:26:49,400 --> 00:26:52,200
Of the average salary was about 
five thousand seven hundred 

612
00:26:52,200 --> 00:26:56,800
pounds. 
So, what that works out is on 

613
00:26:56,800 --> 00:27:01,700
the app, so on the average, 
mortgage, okay, on an 18,500. 

614
00:27:02,000 --> 00:27:04,900
House and you're earning, the 
average salary of five thousand 

615
00:27:04,900 --> 00:27:08,400
seven hundred pounds, 
approximately 46 percent of your

616
00:27:08,400 --> 00:27:11,500
monthly wage would go directly 
to paying off your mortgage. 

617
00:27:11,900 --> 00:27:13,400
Okay. 
Okay, so that's that's the most 

618
00:27:13,400 --> 00:27:17,800
important stat 46 percent and 
that is at 17% I just add that 

619
00:27:17,800 --> 00:27:20,500
is at the worst, the worst of 
all possible peak time. 

620
00:27:20,500 --> 00:27:23,500
If that continued every month, 
you'd be paying 40% of them, 

621
00:27:23,500 --> 00:27:28,600
man's salary towards it. 
But back then, fixed mortgages 

622
00:27:28,600 --> 00:27:31,100
were way more rare. 
So actually that hit would just 

623
00:27:31,100 --> 00:27:32,200
have been 42. 
Two months. 

624
00:27:32,200 --> 00:27:33,800
It's not like you where you've 
got to fix. 

625
00:27:33,800 --> 00:27:35,300
Now. 
For two years at this High rate 

626
00:27:35,400 --> 00:27:38,400
for 24 months, there's this it 
this would be a lot of people on

627
00:27:38,400 --> 00:27:41,100
the variable rate, they'd hit it
for two months and kind of write

628
00:27:41,100 --> 00:27:42,700
it. 
Exactly that people that 

629
00:27:42,800 --> 00:27:45,100
everyone was affected by this. 
People didn't just get to skip 

630
00:27:45,100 --> 00:27:47,300
it because I had to fix rate. 
Everyone was on it almost. 

631
00:27:47,800 --> 00:27:51,200
So now let's look at now. 
All right, the average house 

632
00:27:51,200 --> 00:27:53,600
price and bear in mind all these
figures guys are very rough and 

633
00:27:53,600 --> 00:27:56,300
they are Loosely Based on data. 
Some of the data is from like 

634
00:27:56,400 --> 00:27:58,200
four or five months ago, where 
it hasn't been updated. 

635
00:27:58,200 --> 00:28:00,300
So, just take it the pinch of 
salt, but it gives you an idea. 

636
00:28:00,800 --> 00:28:03,500
So the average house price 
Roughly in the UK is about two 

637
00:28:03,500 --> 00:28:05,100
hundred, eighty five thousand 
pounds. 

638
00:28:05,300 --> 00:28:07,300
It was a little bit higher, a 
few months ago and it's come 

639
00:28:07,300 --> 00:28:10,100
down a tiny bit. 
And again, looking at the 

640
00:28:10,108 --> 00:28:12,700
mortgage rates based on, 
literally this week, you're 

641
00:28:12,700 --> 00:28:15,700
looking at five point five if 
you want to fix for two to three

642
00:28:15,700 --> 00:28:17,000
years. 
Okay. 

643
00:28:17,000 --> 00:28:18,700
A little merman. 
Yeah. 

644
00:28:18,700 --> 00:28:21,900
Basically, Minimus 5.5%. 
If you've only got a 10% 

645
00:28:21,900 --> 00:28:23,300
deposit. 
Those rates rocket. 

646
00:28:23,400 --> 00:28:25,500
So, yeah, because we have equity
in our house. 

647
00:28:25,500 --> 00:28:28,000
So actually, the I think it's 
like the average is about six 

648
00:28:28,000 --> 00:28:29,600
now, it's even higher. 
Yeah, when I was looking at the 

649
00:28:29,600 --> 00:28:32,400
whole list of noise, I could get
they were very Quickly in the 

650
00:28:32,400 --> 00:28:35,000
60s and only a few deals are in 
the fires, but I obviously got a

651
00:28:35,008 --> 00:28:36,800
five. 
So I'm being, I'm being modest. 

652
00:28:36,800 --> 00:28:38,400
I'm giving you the best possible
deal. 

653
00:28:38,400 --> 00:28:40,700
You can get right now is about 
5.5 percent. 

654
00:28:40,900 --> 00:28:44,400
The average household income in 
the UK, according to Google is 

655
00:28:44,400 --> 00:28:48,500
33,000 pounds. 
Okay, household household 

656
00:28:48,500 --> 00:28:49,500
income. 
Yeah, I thought that was 

657
00:28:49,500 --> 00:28:51,300
remarkably low. 
They said, the average household

658
00:28:51,300 --> 00:28:53,600
income is 33,000 pounds. 
Mmm, okay. 

659
00:28:55,600 --> 00:29:00,200
Now doing the same percentages, 
same maps that would equal 

660
00:29:00,200 --> 00:29:04,800
approximately 48. 
Percent of the average household

661
00:29:04,800 --> 00:29:09,600
incomes coming in going directly
on mortgage payments at the 5.5%

662
00:29:09,600 --> 00:29:10,800
rate. 
And I thought was really 

663
00:29:10,800 --> 00:29:15,100
interesting because that is 
almost identical to what it 

664
00:29:15,100 --> 00:29:18,400
would have been like if you're 
in 1979 and your average how and

665
00:29:18,400 --> 00:29:22,000
your household income was just 
the man's income, Paying the 

666
00:29:22,000 --> 00:29:25,700
worst percentage rates you've 
ever seen in UK history and it's

667
00:29:25,700 --> 00:29:27,200
actually technically slightly 
higher right now. 

668
00:29:28,200 --> 00:29:31,400
And that's based on two people 
earning in the house. 

669
00:29:31,600 --> 00:29:32,800
In fact, that's not necessarily 
based on that. 

670
00:29:32,808 --> 00:29:34,300
Because it is the average 
household income of that, 

671
00:29:34,300 --> 00:29:37,000
average would obviously include 
some people having like dual 

672
00:29:37,000 --> 00:29:38,900
income and some people shop, 
okay? 

673
00:29:39,500 --> 00:29:42,100
I just, I don't know, and I just
want to put that argument to bed

674
00:29:42,100 --> 00:29:45,800
now, because I'm sick of hearing
it right after that is just as 

675
00:29:45,800 --> 00:29:50,200
bad right now, as as it has ever
been in the history of the UK. 

676
00:29:50,200 --> 00:29:53,200
So if you hear someone say, So 
it's not 17-percent say to them.

677
00:29:53,200 --> 00:29:55,600
Yeah, well your house prices 
were a third of what they are 

678
00:29:55,600 --> 00:29:58,500
now proportionately so it 
doesn't need your house cost a 

679
00:29:58,508 --> 00:30:02,100
shoelace and a button. 
No. 

680
00:30:02,100 --> 00:30:05,500
Actually, it cost 18 thousand 
five hundred pounds of quite 

681
00:30:05,500 --> 00:30:07,200
substantial. 
Yeah. 

682
00:30:07,700 --> 00:30:09,700
And I'm not saying it wasn't 
tough for them back then because

683
00:30:09,700 --> 00:30:12,400
clearly it was about the same as
it was now, in terms of how how 

684
00:30:12,400 --> 00:30:15,200
tough is got. 
But, but for two months because 

685
00:30:15,200 --> 00:30:17,200
no one had a fixed rate, and 
then it kind of came down again,

686
00:30:17,200 --> 00:30:20,100
it did, it did come down it, did
you know, it was me 60. 

687
00:30:20,900 --> 00:30:22,200
Yeah. 
You'll be fixing this for two 

688
00:30:22,200 --> 00:30:25,300
years and even if the rate comes
down, your fixed for two years. 

689
00:30:25,300 --> 00:30:28,000
Because if you are on the 
variable rate, like they were, 

690
00:30:28,200 --> 00:30:31,100
you're now looking at a person 
like you said earlier, 7 or 8%. 

691
00:30:31,300 --> 00:30:35,200
If we actually compare variable 
rate to variable rate, it's much

692
00:30:35,200 --> 00:30:36,900
worse right now. 
Typically worse, considerably 

693
00:30:36,900 --> 00:30:38,700
worse. 
So you know what? 

694
00:30:38,700 --> 00:30:40,800
If you are listening to this and
you're thinking times really 

695
00:30:40,800 --> 00:30:42,900
tough right now, but I keep 
being told to suck it up by the 

696
00:30:42,900 --> 00:30:45,000
government and all the people 
that lived through the 70s 

697
00:30:45,000 --> 00:30:48,300
because we managed to do it, I 
was going to swear, then I'm not

698
00:30:48,300 --> 00:30:50,000
going to swear because I'm not 
dealin. 

699
00:30:50,300 --> 00:30:53,600
I don't do that on the podcast, 
but seriously, like, just just 

700
00:30:53,600 --> 00:30:57,200
take it is tough right now, is a
cost-of-living crisis and the in

701
00:30:57,200 --> 00:30:59,100
it is a crisis. 
Like, it's really, really, 

702
00:30:59,100 --> 00:31:03,200
really hard to Have that what I 
would say, the base basic 

703
00:31:03,200 --> 00:31:06,000
necessities of life right now. 
Shelter and food are 

704
00:31:06,000 --> 00:31:09,100
ridiculously expensive and they 
are taking up a huge chunk of 

705
00:31:09,100 --> 00:31:14,200
the average person's income. 
And that's the really important 

706
00:31:14,200 --> 00:31:16,200
thing. 
It's a really, it's not 

707
00:31:16,200 --> 00:31:18,400
luxurious things that are being 
hit. 

708
00:31:18,800 --> 00:31:21,800
It's this things that the people
with the most poverty in this 

709
00:31:21,800 --> 00:31:23,400
country, spend all of their 
money on. 

710
00:31:23,800 --> 00:31:29,100
So as soon as food and shelter 
are hit in such a ridiculous way

711
00:31:29,100 --> 00:31:32,300
for inflation and through, Rates
going up. 

712
00:31:32,500 --> 00:31:34,400
They are the ones that actually 
run out of money. 

713
00:31:34,400 --> 00:31:36,300
The quickest. 
I'm just going to read something

714
00:31:36,300 --> 00:31:38,600
really quickly here from Russia 
soon, act. 

715
00:31:38,800 --> 00:31:41,300
Okay. 
Because this is exactly what he 

716
00:31:41,300 --> 00:31:44,200
said at the weekend, when asked 
by BBC reporter. 

717
00:31:45,200 --> 00:31:48,400
You know, basically laid out to 
what you said, hundreds and 

718
00:31:48,400 --> 00:31:51,300
hundreds of pounds extra on 
mortgages and hundreds of 

719
00:31:51,300 --> 00:31:53,100
hundreds of pounds extra in the 
last 12 months, through 

720
00:31:53,100 --> 00:31:54,800
inflationary prices of food, 
Etc. 

721
00:31:54,800 --> 00:31:58,200
So much worse position. 
His answer was this, we've got 

722
00:31:58,200 --> 00:32:00,500
to hold our nerve stick to the 
plan and we will get through 

723
00:32:00,500 --> 00:32:02,800
this. 
What? 

724
00:32:02,900 --> 00:32:04,900
Okay, cheers mate. 
Okay sorry. 

725
00:32:05,300 --> 00:32:07,600
I'm hundreds of, I'm hundreds 
and hundreds of pounds worth of 

726
00:32:07,600 --> 00:32:09,200
it. 
We've got to hold on. 

727
00:32:09,300 --> 00:32:11,600
We inflation is the enemy. 
What do you mean? 

728
00:32:11,600 --> 00:32:12,600
We? 
Yeah. 

729
00:32:12,700 --> 00:32:14,600
What do you mean? 
We millionaire? 

730
00:32:15,500 --> 00:32:19,600
We've got to just like sipping 
is like really expensive wine on

731
00:32:19,600 --> 00:32:21,900
his policy in one of his home. 
He's literally sat. 

732
00:32:21,900 --> 00:32:24,400
Yeah, he said, she sat in a 
Gucci suit, we've got to hold 

733
00:32:24,400 --> 00:32:26,000
our nerve. 
He might as well turn to the 

734
00:32:26,000 --> 00:32:28,200
camera and put his middle finger
up to me when I when I watch 

735
00:32:28,200 --> 00:32:29,800
that. 
Yeah, get in the back. 

736
00:32:29,800 --> 00:32:32,400
Yeah, I said to you, I'm 
absolutely Fine. 

737
00:32:33,000 --> 00:32:34,600
You're in the most dire position
ever. 

738
00:32:34,600 --> 00:32:36,400
You've just got to stick it out,
you know. 

739
00:32:36,600 --> 00:32:38,300
Well, funny enough. 
I'm my on my phone. 

740
00:32:38,300 --> 00:32:40,700
I've got your. 
Yeah, I got a tweet from you and

741
00:32:40,700 --> 00:32:42,400
I wanted it, I wanted to review 
and it's Atlanta. 

742
00:32:42,400 --> 00:32:45,300
This okay, so hopefully you 
know, as he's mentioned, our 

743
00:32:45,300 --> 00:32:47,200
socialist lll, instill is really
trying to push our Twitter at 

744
00:32:47,208 --> 00:32:49,000
the moment so I really 
appreciate any follows on there 

745
00:32:49,000 --> 00:32:50,600
and, you know, retweets and 
likes and things because we're 

746
00:32:50,600 --> 00:32:52,800
trying to build a bit of an 
audience on there and it has 

747
00:32:52,800 --> 00:32:54,500
been amazing and has been 
tweeting. 

748
00:32:54,500 --> 00:33:00,100
Lots and getting involved. 
But sweet was Sky News this week

749
00:33:00,100 --> 00:33:01,700
and Dylan's. 
I just want to read your reply. 

750
00:33:02,000 --> 00:33:04,900
Sounds good site to make because
it's kind you said British prime

751
00:33:04,900 --> 00:33:09,000
minister RI Su Knack has hinted,
he will ignore recommendations 

752
00:33:09,000 --> 00:33:11,200
for public sector. 
Pay Rises saying workers need to

753
00:33:11,200 --> 00:33:14,600
recognize the economic context. 
Wherein let the same sort of 

754
00:33:14,600 --> 00:33:19,200
comment, like, condescending, 
crap, and you just said, well 

755
00:33:19,200 --> 00:33:22,100
what's the point in the reports 
then absolutely wasting taxpayer

756
00:33:22,100 --> 00:33:24,200
money to generate a report? 
You've already decided you'll 

757
00:33:24,200 --> 00:33:27,800
ignore wasted money in the hope 
that the independent review 

758
00:33:27,800 --> 00:33:30,600
bodies would back the choice. 
You've already made cowardly 

759
00:33:30,600 --> 00:33:36,300
leadership, Russia soon. 
Jack pop up on my phone and I 

760
00:33:36,300 --> 00:33:38,500
was like, there's a spirit, 
there's the keyboard Warrior 

761
00:33:38,500 --> 00:33:40,300
that. 
I know I am coming out until 

762
00:33:41,100 --> 00:33:43,800
really crappy. 
Listen, you've got to punch up 

763
00:33:43,800 --> 00:33:47,400
and there's no one further up 
than that guy, and it winds me 

764
00:33:47,400 --> 00:33:48,900
up. 
And I'm gonna go on one now 

765
00:33:48,900 --> 00:33:52,500
because it really does really 
wind me up because it reminds me

766
00:33:52,500 --> 00:33:56,300
of that, the behavior of 
children, who, I teach, when 

767
00:33:56,300 --> 00:33:57,900
you, when you're younger, you 
remember, we've got siblings, 

768
00:33:57,900 --> 00:34:00,100
we've got siblings. 
You'd be having an argument 

769
00:34:00,100 --> 00:34:04,600
behind your siblings and your 
And so would walk through it, 

770
00:34:04,600 --> 00:34:08,100
you don't, you think that we 
should be allowed to have an 

771
00:34:08,100 --> 00:34:10,500
extra day of school? 
And if the person agrees with 

772
00:34:10,500 --> 00:34:13,699
you, you like see, he said it, 
he suddenly the beacon of 

773
00:34:13,699 --> 00:34:16,600
absolute reason, because he said
if I'm right, but if that same 

774
00:34:16,600 --> 00:34:18,199
person walked through went no, 
actually, I don't think. 

775
00:34:18,199 --> 00:34:19,400
That's right. 
You got over it doesn't matter 

776
00:34:19,400 --> 00:34:21,000
what you think anyway, and you 
go to the next person. 

777
00:34:21,100 --> 00:34:22,199
Yeah. 
You keep going around the room 

778
00:34:22,300 --> 00:34:24,600
and then as soon as one person 
agrees with you or that one 

779
00:34:24,600 --> 00:34:26,199
person, see their opinions 
really am. 

780
00:34:26,199 --> 00:34:28,400
And now I'm correct. 
It's the same thing. 

781
00:34:28,500 --> 00:34:30,699
What is the point in this Str be
report? 

782
00:34:31,199 --> 00:34:33,199
I want to talk. 
You Hayden I want to I want to 

783
00:34:33,207 --> 00:34:34,600
play you a clip if you don't 
mind. 

784
00:34:34,699 --> 00:34:36,699
Yeah. 
And this this really peaked my 

785
00:34:36,699 --> 00:34:39,400
interest it really piqued my 
interest so it's Gillian Keegan 

786
00:34:39,800 --> 00:34:42,500
she was talking a couple of 
months ago and this is when kind

787
00:34:42,500 --> 00:34:44,300
of came to kind of a gridlock 
with the unions. 

788
00:34:44,500 --> 00:34:46,699
Okay. 
And it's to do the Str BRB 

789
00:34:46,699 --> 00:34:49,300
report because the just you all 
know guys. 

790
00:34:49,300 --> 00:34:51,100
Jillian Keegan is the education 
secretary. 

791
00:34:51,100 --> 00:34:54,300
So she's in charge of Education 
in this country and she is the 

792
00:34:54,300 --> 00:34:56,800
one who is supposed to be in 
negotiations, with the unions. 

793
00:34:56,800 --> 00:34:59,500
But it's been, you know, hitting
a brick, like hitting myself 

794
00:34:59,500 --> 00:35:01,000
against a brick wall. 
I don't know the saying is 

795
00:35:01,800 --> 00:35:04,000
Things do a brick wall and, and 
doing something repeatedly are 

796
00:35:04,008 --> 00:35:05,600
not getting anything out of it. 
That's just like that. 

797
00:35:06,300 --> 00:35:10,700
So Jillian Keegan did an 
interview with ITV News and it's

798
00:35:10,700 --> 00:35:12,200
really interesting to hear what 
she said. 

799
00:35:12,300 --> 00:35:14,500
Referencing the Str Str be 
reports. 

800
00:35:14,500 --> 00:35:16,100
So Hayden. 
I want to play it to you and 

801
00:35:16,100 --> 00:35:17,700
then maybe dissecting to it 
afterwards. 

802
00:35:17,700 --> 00:35:18,300
Okay. 
Yeah. 

803
00:35:18,300 --> 00:35:20,400
It sounds good. 
Okay, here's Jillian. 

804
00:35:20,400 --> 00:35:23,800
Keegan, I've already given my 
evidence to the independent 

805
00:35:23,800 --> 00:35:26,000
payment view body. 
I think all the unions are doing

806
00:35:26,000 --> 00:35:27,700
that as well. 
They also take into account 

807
00:35:27,700 --> 00:35:30,000
economic factors. 
So it's with the pay review body

808
00:35:30,000 --> 00:35:31,600
night, you're not talking to the
union. 

809
00:35:31,700 --> 00:35:34,000
And well, I mean I talked to 
them but we're not having 

810
00:35:34,000 --> 00:35:37,100
negotiations promise is wrong to
say that your door is open. 

811
00:35:37,200 --> 00:35:40,800
Well, we, you know, we are our 
door is always open. 

812
00:35:40,800 --> 00:35:44,200
But right now, when it's not, if
you're sending them to the peer 

813
00:35:44,200 --> 00:35:46,500
review, well, that's the process
that we're in place. 

814
00:35:46,500 --> 00:35:48,400
So, you know, it seems make, it 
makes sense. 

815
00:35:48,400 --> 00:35:50,900
Now, that we both, you know, 
sort of put our evidence in and 

816
00:35:50,900 --> 00:35:53,000
then an independent person, 
looks at all of that and then, 

817
00:35:53,000 --> 00:35:55,600
we'll come up with their 
recommendations so Hayden. 

818
00:35:55,600 --> 00:35:57,400
And what your gut reaction 
before I go into the points, I 

819
00:35:57,408 --> 00:35:58,700
want to make after watching 
that. 

820
00:35:59,900 --> 00:36:02,100
So I feel like you're gonna know
a lot more than me, but Just 

821
00:36:02,100 --> 00:36:05,200
because I haven't seen that 
before, but I just, what was she

822
00:36:05,200 --> 00:36:08,300
talking about with her? 
Our door is always open but it's

823
00:36:08,300 --> 00:36:09,900
closed right now. 
I did that bit. 

824
00:36:09,900 --> 00:36:12,500
Just I was smiling thinking. 
Clearly, this is what Dylan's 

825
00:36:12,500 --> 00:36:13,900
gonna take the mick out of here.
I did it. 

826
00:36:13,900 --> 00:36:16,300
You know, example to it, there 
is interested. 

827
00:36:16,300 --> 00:36:18,400
That's something that I kind of 
wanted to play in the middle. 

828
00:36:18,500 --> 00:36:19,700
But it's also either side for 
me. 

829
00:36:19,700 --> 00:36:21,800
So I'll address that open door 
thing to me. 

830
00:36:21,800 --> 00:36:23,100
That's just classic politics, 
isn't it? 

831
00:36:23,100 --> 00:36:25,200
Classic politics where you've 
got? 

832
00:36:25,200 --> 00:36:28,000
Lots of moving Parts, you know, 
she's the education, secretary, 

833
00:36:28,000 --> 00:36:30,000
the Prime Minister might been in
an interview that morning and 

834
00:36:30,000 --> 00:36:32,200
she hasn't even seen the 
interview yet and this Messaging

835
00:36:32,200 --> 00:36:35,200
where they're just clearly 
trained to bat off. 

836
00:36:35,200 --> 00:36:37,400
Any kind of, you know, 
questioning that you could 

837
00:36:37,400 --> 00:36:39,300
possibly have. 
And it was just hilarious me to 

838
00:36:39,300 --> 00:36:40,300
watch her, look down at the 
ground. 

839
00:36:40,300 --> 00:36:42,300
As if to say I don't know what 
to say now because I just want 

840
00:36:42,300 --> 00:36:45,800
to fix the Prime Minister and 
see how so you have flat foot 

841
00:36:46,100 --> 00:36:48,000
would go about it. 
But the bet I wanted to dive 

842
00:36:48,000 --> 00:36:50,400
into, maybe I can kind of 
uncover this a bit for you. 

843
00:36:50,400 --> 00:36:55,500
Here was her Reliance on the Str
Str be report. 

844
00:36:55,500 --> 00:36:58,000
So for anyone who doesn't know 
the Str be report is a teacher. 

845
00:36:58,000 --> 00:37:00,000
A paper is a teacher review, pay
body. 

846
00:37:00,100 --> 00:37:01,600
Okay, it's completely 
independent. 

847
00:37:01,800 --> 00:37:04,500
Of the government. 
And every year, they'll release 

848
00:37:04,500 --> 00:37:08,200
what they think is a suitable 
pay rise for teachers. 

849
00:37:08,200 --> 00:37:11,200
Now last year, Jillian, Keegan 
came into office. 

850
00:37:11,200 --> 00:37:13,300
I think it was it would be in 
October time, November time 

851
00:37:13,300 --> 00:37:16,800
after the the list, trust 
pallava. 

852
00:37:17,100 --> 00:37:21,400
And she implemented, what was a 
5% increase last year for the 

853
00:37:21,400 --> 00:37:23,800
Str be report? 
Yes, it was it was recommended 

854
00:37:23,900 --> 00:37:26,900
and she implemented it all good.
Okay? 

855
00:37:27,000 --> 00:37:30,900
And at the time she was talking 
about how, how good the Str be 

856
00:37:30,900 --> 00:37:34,600
process is And and in that 
video, you heard at the start 

857
00:37:34,600 --> 00:37:37,600
saying, well, look teachers have
rejected 4.5%. 

858
00:37:37,800 --> 00:37:39,800
Okay. 
And her line at the time was. 

859
00:37:39,900 --> 00:37:43,200
So now when the Str be report 
comes in, it's down to that 

860
00:37:43,200 --> 00:37:46,100
teachers and it was kind of this
condescending tone of, well, 

861
00:37:46,100 --> 00:37:49,500
you've not taken the 4.5%. 
So it's down to the independent 

862
00:37:49,500 --> 00:37:52,300
report now, and if that's worse,
then that so be it. 

863
00:37:52,400 --> 00:37:54,800
And that's kind of the line. 
They were taking turns out. 

864
00:37:54,800 --> 00:37:57,400
The stre report has been in 
their desk for a few months now 

865
00:37:57,500 --> 00:38:00,300
and it's a recommendation of 
6.5%. 

866
00:38:00,700 --> 00:38:02,400
Yep. 
So I I think it's interesting 

867
00:38:02,400 --> 00:38:04,400
watching that video before they 
need this was leaked of her 

868
00:38:04,400 --> 00:38:06,000
saying what? 
It's 50 Str be. 

869
00:38:06,000 --> 00:38:09,700
Now, I've submitted my evidence 
and I think any you will submit 

870
00:38:09,700 --> 00:38:12,700
their evidence and lots of 
people submit their evidence and

871
00:38:12,700 --> 00:38:16,400
what she said, was it takes into
account economic factors. 

872
00:38:16,600 --> 00:38:18,600
Now, I'm pretty sure. 
That means that it takes into 

873
00:38:18,600 --> 00:38:21,300
account, the inflationary 
figures, it takes into account, 

874
00:38:21,300 --> 00:38:23,500
the macro-level figures. 
It takes into account the 

875
00:38:23,500 --> 00:38:26,300
interest rate figures and the 
independent Review Board of 

876
00:38:26,400 --> 00:38:29,000
listen to all of the evidence 
and have come back with a 

877
00:38:29,008 --> 00:38:33,400
suggestion of 6.5%. 
Now What is cowardly, pathetic, 

878
00:38:33,400 --> 00:38:37,000
and awful is now that number 
one, they've not published a 

879
00:38:37,008 --> 00:38:39,600
review since. 
Now, I'll give them the Jews. 

880
00:38:39,600 --> 00:38:42,600
The Str be report is usually 
published at the end of July, 

881
00:38:42,800 --> 00:38:44,100
okay? 
In the last few years since 

882
00:38:44,100 --> 00:38:48,300
about 2018 that has been when 
it's been published, I would 

883
00:38:48,300 --> 00:38:50,100
argue that the situation 
slightly different. 

884
00:38:50,100 --> 00:38:52,600
Now, in terms of strike action 
for the last six, seven, eight 

885
00:38:52,600 --> 00:38:55,700
months so maybe do push it 
forward as soon as possible to 

886
00:38:55,700 --> 00:38:57,700
kind of try and resolve it and 
show that you're serious about 

887
00:38:57,700 --> 00:38:59,100
doing that. 
No they're not. 

888
00:38:59,100 --> 00:39:02,500
They're going to push it back. 
And now as time Eeks towards 

889
00:39:02,500 --> 00:39:05,400
that publication date. 
It seems as if they're going to 

890
00:39:05,408 --> 00:39:08,400
reject it and I think it's 
hypocritical, I think it's 

891
00:39:08,400 --> 00:39:10,300
cowardly. 
I think that they flip-flop 

892
00:39:10,300 --> 00:39:12,500
based on whatever they want to 
do at the time and it 

893
00:39:12,500 --> 00:39:16,000
frustrates, me Hayden that I 
feel like the public sector are 

894
00:39:16,000 --> 00:39:18,300
the ones bearing. 
The burden for this crisis 

895
00:39:18,300 --> 00:39:22,100
because not only, of course, 
everyone has the inflationary 

896
00:39:22,100 --> 00:39:25,500
shock of everything going up. 
But if you look at average pay 

897
00:39:25,500 --> 00:39:27,900
rises in the public sector, in 
the private sector, you looking 

898
00:39:27,900 --> 00:39:31,200
at between seven and eight 
percent public sector. 

899
00:39:31,200 --> 00:39:32,900
There will be Offered four 
percent they're going to reject 

900
00:39:32,900 --> 00:39:36,500
6%. 
Why are we the ones that have to

901
00:39:36,500 --> 00:39:38,900
bear this brunt and listen to 
Russia sooner? 

902
00:39:39,200 --> 00:39:42,000
Tell us down the camera as a 
billionaire that we just have to

903
00:39:42,000 --> 00:39:43,300
suck it up. 
Why? 

904
00:39:43,700 --> 00:39:46,500
But look, someone said to me 
recently and you know, way more 

905
00:39:46,500 --> 00:39:48,600
about this than me. 
So I am genuinely genuinely just

906
00:39:48,600 --> 00:39:51,400
kind of rely on you to like help
me understand some of this right

907
00:39:52,100 --> 00:39:53,900
to things. 
Someone said to me recently 

908
00:39:54,600 --> 00:39:57,800
someone a lot older said look, 
it is what it is. 

909
00:39:59,200 --> 00:40:04,700
Inflation will continue to go up
if we keep offering huge, pay 

910
00:40:04,700 --> 00:40:08,900
Rises to various sectors right 
at some point, it just has to 

911
00:40:08,900 --> 00:40:10,400
stop and was essentially 
mirroring. 

912
00:40:10,400 --> 00:40:11,100
I guess what? 
Richie soon. 

913
00:40:11,100 --> 00:40:13,700
As I said, we need to recognize 
the economic context. 

914
00:40:13,700 --> 00:40:17,700
Wherein and inflation is 
spiraling, it has to stop and 

915
00:40:17,700 --> 00:40:20,900
and that brunt has to be taken, 
you can't have you could just 

916
00:40:20,900 --> 00:40:23,100
cut. 
We just can't all have an 

917
00:40:23,100 --> 00:40:27,400
inflationary level pay rise. 
Before I say anything else, I 

918
00:40:27,400 --> 00:40:29,900
just want your reaction to that.
Like what do you say when people

919
00:40:29,900 --> 00:40:31,100
say that? 
Because I usually get a little 

920
00:40:31,100 --> 00:40:34,700
bit stumped in terms of, I don't
know exactly how to respond to 

921
00:40:34,700 --> 00:40:38,300
it. 
Here's the thing, I actually 

922
00:40:38,300 --> 00:40:41,900
agree. 
Okay, I agree that inflation is 

923
00:40:42,900 --> 00:40:47,200
horrendous for so many reasons, 
for business for household 

924
00:40:47,200 --> 00:40:50,900
income, for being for the 
poorest being squeezed, the 

925
00:40:50,908 --> 00:40:53,200
most, I completely get that, 
okay. 

926
00:40:53,700 --> 00:40:57,100
I think my bear bug. 
Here is number one. 

927
00:40:57,400 --> 00:40:59,900
There's been no attempt by the 
government to try and introduce 

928
00:40:59,900 --> 00:41:02,200
measures to try and curb 
inflation in the private sector.

929
00:41:02,900 --> 00:41:04,800
So there's no, there's no, 
there's no attempt from the 

930
00:41:04,808 --> 00:41:07,100
government to kind of be like, 
okay look public sector. 

931
00:41:07,100 --> 00:41:09,300
We're in charge of we're going 
to do this private sector. 

932
00:41:09,300 --> 00:41:10,800
You guys, you're going to have 
to help us out. 

933
00:41:10,900 --> 00:41:14,600
You can't enjoy 89 percent your 
that if public sector pay is 

934
00:41:14,600 --> 00:41:17,300
going to fuel inflation. 
How can we pretend that private 

935
00:41:17,300 --> 00:41:19,000
sector pay isn't feeling 
inflation as well? 

936
00:41:19,500 --> 00:41:23,000
And I think the number one thing
that really, really, winds me up

937
00:41:23,000 --> 00:41:25,000
here is, who's being targeted to
be. 

938
00:41:25,100 --> 00:41:27,400
The brunt, okay? 
Because there are a number of 

939
00:41:27,400 --> 00:41:29,700
ways you can go about this 
trying to squeeze inflation and 

940
00:41:29,700 --> 00:41:31,300
I'm not suggesting. 
Everyone should get inflation, 

941
00:41:31,300 --> 00:41:33,800
we pay rise. 
I think that if 6.5% was offered

942
00:41:33,800 --> 00:41:35,900
to schools and it was funded, it
would be overwhelmingly 

943
00:41:35,900 --> 00:41:38,100
accepted. 
Which by the way is still less 

944
00:41:38,100 --> 00:41:40,800
than half of inflation over the 
last number of months. 

945
00:41:41,000 --> 00:41:43,100
So let's not pretend that we 
want an inflation, we pay rise. 

946
00:41:43,100 --> 00:41:46,300
We don't, we want it to be 
funded, and we want it to kind 

947
00:41:46,300 --> 00:41:48,000
of help us a bit with the 
impact. 

948
00:41:48,000 --> 00:41:50,800
Okay? 
The second thing that I will say

949
00:41:50,800 --> 00:41:53,100
is, as a result, I think the 
poorest should be, always be 

950
00:41:53,100 --> 00:41:56,500
protected more than anything. 
One and I'm willing to say from 

951
00:41:56,500 --> 00:41:59,200
our situation, we don't need to 
be protected nearly as much as 

952
00:41:59,200 --> 00:42:01,600
the poorest do because it's not 
fun being on Universal Credit. 

953
00:42:01,600 --> 00:42:04,700
I don't care what people say or 
think Universal Credit is if 

954
00:42:04,700 --> 00:42:06,500
you're on Universal Credit it's 
not happy life. 

955
00:42:06,700 --> 00:42:08,700
If it is, why don't you quit 
your job and go to Universal 

956
00:42:08,700 --> 00:42:10,200
Credit? 
Then of course you won't because

957
00:42:10,200 --> 00:42:11,700
it's obviously worse than the 
situation. 

958
00:42:11,700 --> 00:42:14,700
Right now you're just peddling. 
This nonsense from your soapbox 

959
00:42:14,700 --> 00:42:17,100
because you get annoyed that 
some people, get some people get

960
00:42:17,100 --> 00:42:18,500
a free ride. 
No, they don't. 

961
00:42:18,600 --> 00:42:20,300
If they get a free ride, go and 
do it, mate. 

962
00:42:20,300 --> 00:42:23,200
Go and do it for one month. 
You wouldn't survive a second. 

963
00:42:23,200 --> 00:42:24,800
So the poorest need to be 
protected. 

964
00:42:25,100 --> 00:42:28,600
What's being squeezed right now,
massively and I'm and it's 

965
00:42:28,600 --> 00:42:31,300
selfish. 
It's people like us and I don't,

966
00:42:31,300 --> 00:42:35,000
and I will never turn my anger 
to the poorest and say, well, 

967
00:42:35,000 --> 00:42:37,500
why don't we stop helping these 
got, why are they getting a 

968
00:42:37,500 --> 00:42:40,300
cost-of-living payment? 
No, no, let's turn our focus and

969
00:42:40,300 --> 00:42:42,400
look up. 
Let's look up at the huge 

970
00:42:42,400 --> 00:42:44,800
profits that the energy 
companies have been enjoying as 

971
00:42:44,800 --> 00:42:47,400
a result of the Ukraine war. 
Let what's that doing to 

972
00:42:47,400 --> 00:42:49,900
inflation? 
By the way, these record, huge 

973
00:42:49,900 --> 00:42:52,700
billions of pounds of profit and
and it. 

974
00:42:53,300 --> 00:42:54,900
What are we doing to try and 
level? 

975
00:42:55,100 --> 00:42:56,700
That out. 
Why are we not looking at 

976
00:42:56,700 --> 00:42:57,900
focusing? 
Our attention there. 

977
00:42:58,100 --> 00:43:00,400
Why we're not increasing taxes 
for the most super wealthy in 

978
00:43:00,408 --> 00:43:02,300
the country? 
I'm not talking 80 grand, I'm 

979
00:43:02,300 --> 00:43:04,400
not talking 200 Grand. 
I'm not even talking to 

980
00:43:04,400 --> 00:43:07,100
underground. 
I'm talking the almost Ultra 

981
00:43:07,100 --> 00:43:10,000
rich people in this country. 
Why not focusing our attention 

982
00:43:10,000 --> 00:43:11,100
there? 
Because surely that's more 

983
00:43:11,100 --> 00:43:12,300
inflation. 
We than anything. 

984
00:43:12,800 --> 00:43:17,000
What is wrong with this country 
that we are such a mindset of 

985
00:43:17,000 --> 00:43:19,700
bootlickers that we can never 
think to look up because we 

986
00:43:19,700 --> 00:43:22,200
think one day that'll be us. 
And when we're millionaires we 

987
00:43:22,200 --> 00:43:24,500
don't want someone coming after 
us for our hard-earned money. 

988
00:43:25,100 --> 00:43:28,700
Complete rubbish. 
Yeah, I've recently saw a video 

989
00:43:29,000 --> 00:43:31,000
and I bet you've seen these 
sorts of videos as well before 

990
00:43:31,000 --> 00:43:36,100
it Darrin Jones, Labour MP who 
often grills he often grills 

991
00:43:36,100 --> 00:43:37,300
businesses. 
He's quite famous as that, 

992
00:43:37,300 --> 00:43:39,300
there's loads of, like, 
Tick-Tock Clips, Instagram, 

993
00:43:39,300 --> 00:43:42,700
reels and things of him, just 
rinsing corporations with, 

994
00:43:42,700 --> 00:43:45,200
really, really good questioning 
that's what he's good at. 

995
00:43:45,600 --> 00:43:48,000
And and I think I've come to 
this, the similar sort of 

996
00:43:48,000 --> 00:43:50,800
conclusion is you in terms of, 
we need to be looking upwards. 

997
00:43:50,800 --> 00:43:55,500
And, and I just think the 
argument that That that person 

998
00:43:55,500 --> 00:43:59,300
was making to me is always well,
someone's gotta take the hit and

999
00:43:59,300 --> 00:44:01,500
stop inflation and my response 
is with. 

1000
00:44:01,500 --> 00:44:05,000
Why is it always me why? 
And by me I mean us like the 

1001
00:44:05,000 --> 00:44:08,200
collective Working Class People,
why is it always asking, why 

1002
00:44:08,200 --> 00:44:09,300
does that? 
It's like, you know, when you 

1003
00:44:09,300 --> 00:44:11,600
got siblings and no one wants to
have someone's have the last 

1004
00:44:11,600 --> 00:44:13,900
hit, you know, like good young. 
When your players happens, when 

1005
00:44:13,900 --> 00:44:15,200
you're a kid, you're fighting 
over. 

1006
00:44:15,500 --> 00:44:17,300
You always wanna get that. 
You're the last jabbing, because

1007
00:44:17,300 --> 00:44:18,800
then, you know, you've got this 
little model thing. 

1008
00:44:18,800 --> 00:44:20,200
I've won. 
Now I got a last job. 

1009
00:44:20,400 --> 00:44:22,100
We're always the last ones to be
jabbed. 

1010
00:44:22,100 --> 00:44:24,000
Always. 
And, and I'm just like, can we 

1011
00:44:24,000 --> 00:44:26,300
come? 
Can they have Last job and Aaron

1012
00:44:26,300 --> 00:44:30,400
Jones was grilling like 
Supermarket bosses like Tesco 

1013
00:44:30,400 --> 00:44:32,500
and Sainsbury's. 
Not that and basically saying to

1014
00:44:32,500 --> 00:44:34,100
them and they have nothing to 
come back. 

1015
00:44:34,100 --> 00:44:35,700
And by the way on this, they 
had, they would just stumped. 

1016
00:44:35,700 --> 00:44:37,600
It was sweating. 
There's nothing to say because 

1017
00:44:37,600 --> 00:44:40,900
they've just rinsed people. 
They've rinsed inflation for 

1018
00:44:40,900 --> 00:44:43,600
their own profits and they just 
don't care because no one is 

1019
00:44:43,600 --> 00:44:45,500
controlling them. 
The government isn't saying to 

1020
00:44:45,500 --> 00:44:47,700
them. 
Well, you need to recognize the 

1021
00:44:47,700 --> 00:44:50,100
economic context, wherein and 
stop doing that. 

1022
00:44:50,100 --> 00:44:53,100
Nope, so Tesco he was say, I cut
them the exact figures but it 

1023
00:44:53,100 --> 00:44:55,600
was roughly. 
It was roughly like Tesco were 

1024
00:44:55,600 --> 00:44:59,400
making like 1.9 billion profit 
in just before covid like a 

1025
00:44:59,408 --> 00:45:02,400
yearly profit and then just 
after covid, their profits were 

1026
00:45:02,408 --> 00:45:05,300
at like 2.3 billion. 
So they'd made this like 20 

1027
00:45:05,300 --> 00:45:08,700
percent rise like 400 million 
pounds more profit. 

1028
00:45:08,700 --> 00:45:09,700
I just want to make that really 
clear. 

1029
00:45:09,700 --> 00:45:12,900
That is literal profit for the 
company, okay? 

1030
00:45:12,900 --> 00:45:15,200
The CEO and the shareholders, 
whether they want to give it to 

1031
00:45:15,200 --> 00:45:19,100
profit, not just, you know, that
everything else was accounted 

1032
00:45:19,100 --> 00:45:21,700
for everyone got paid even any 
pay Rises were accounted for in 

1033
00:45:21,700 --> 00:45:24,700
that people got paid. 
And they met, they creamed off 

1034
00:45:24,700 --> 00:45:28,000
for Hundred million pounds more 
because they put their prices 

1035
00:45:28,000 --> 00:45:32,100
up. 
What we call that, what we call 

1036
00:45:32,100 --> 00:45:34,100
that thing when the prices of 
stuff go up. 

1037
00:45:34,100 --> 00:45:36,200
So it was obvious inflation. 
Its inflation is like, know, 

1038
00:45:36,200 --> 00:45:37,700
they're the ones putting it up 
though. 

1039
00:45:37,700 --> 00:45:39,600
They didn't need to put it up 
that much. 

1040
00:45:39,600 --> 00:45:42,700
They, they made inflation bad 
but because they made food eight

1041
00:45:42,700 --> 00:45:44,800
percent more expensive 
overnight. 

1042
00:45:44,800 --> 00:45:47,300
Like what are we, how are they 
not accountable? 

1043
00:45:47,300 --> 00:45:49,300
Why do we have to why someone 
saying to me? 

1044
00:45:49,500 --> 00:45:52,900
Well, you know, you got to just 
kind of take it, you could we we

1045
00:45:52,900 --> 00:45:55,500
got to suck it up and take away,
otherwise inflation will spiral.

1046
00:45:55,600 --> 00:45:58,400
Yeah, it will can we can we tell
Tesco to put that prices down 

1047
00:45:58,400 --> 00:45:59,100
again. 
Please. 

1048
00:45:59,100 --> 00:46:01,900
So that it stops spiraling and 
just pay me a bit more as soon 

1049
00:46:01,900 --> 00:46:04,000
as there as soon as profit, 
right? 

1050
00:46:04,100 --> 00:46:07,400
So imagine Tesco put their 
prices up because of food prices

1051
00:46:07,400 --> 00:46:09,100
to go up. 
Okay, so there's a, there's a 

1052
00:46:09,100 --> 00:46:10,700
chain. 
We are not stupid. 

1053
00:46:10,700 --> 00:46:12,800
We run a business as well. 
We understand there are levels 

1054
00:46:12,800 --> 00:46:14,800
to this and it's not a simple of
world price. 

1055
00:46:14,800 --> 00:46:18,000
Go up there, make more money, 
know the cost of it might have 

1056
00:46:18,000 --> 00:46:20,700
gone up, right? 
But the only way that it was 

1057
00:46:20,700 --> 00:46:24,300
pure inflation, their prices 
going up would have been if 

1058
00:46:24,300 --> 00:46:26,500
their profit stayed the same. 
Yeah, because the amount of 

1059
00:46:26,500 --> 00:46:28,300
money they took in might have 
increased, but the amount of 

1060
00:46:28,300 --> 00:46:31,900
money, Out might have increased.
No, no, this is greed fashion. 

1061
00:46:32,100 --> 00:46:35,500
I would love to know how much 
percentage of the increase in 

1062
00:46:35,500 --> 00:46:38,700
food prices were simply on the 
profit The Profit line yet 

1063
00:46:38,700 --> 00:46:43,400
because any any of that profit 
from the supermarket's on food, 

1064
00:46:43,600 --> 00:46:46,200
any of that profit on the energy
companies. 

1065
00:46:46,300 --> 00:46:50,700
As a result, the Ukraine war is 
making a profit on a crisis and 

1066
00:46:50,700 --> 00:46:53,700
it's disgusting. 
Because at the end of the day, 

1067
00:46:54,000 --> 00:46:56,300
the government can Samurai say, 
well we have control over public

1068
00:46:56,300 --> 00:46:58,100
sector pay. 
So we're going to have to really

1069
00:46:58,100 --> 00:47:00,300
just squeeze. 
That there it's small. 

1070
00:47:00,300 --> 00:47:02,400
Fry. 
What are you talking about that?

1071
00:47:02,400 --> 00:47:04,800
That is the only way that we can
in control inflation. 

1072
00:47:05,000 --> 00:47:06,800
No, no. 
Not asking for the 11%. 

1073
00:47:06,800 --> 00:47:09,400
I understand that. 
When I if I get a 6.5 percent 

1074
00:47:09,400 --> 00:47:11,500
rise that I've except I 
understand that actually I'm 

1075
00:47:11,500 --> 00:47:15,500
still 6% poorer, I get that and 
I'm willing to maybe take that 

1076
00:47:15,600 --> 00:47:18,900
flak even though I don't want to
but that's the situation we're 

1077
00:47:18,900 --> 00:47:20,700
in. 
So let's not pretend that were 

1078
00:47:20,700 --> 00:47:22,800
being unreasonable here. 
Let's not pretend that were 

1079
00:47:22,800 --> 00:47:25,500
being selfish saying, well I'm 
not going to take anything from 

1080
00:47:25,500 --> 00:47:28,300
inflation. 
No no me accepting the highest I

1081
00:47:28,308 --> 00:47:30,000
could. 
Possibly getting this situation 

1082
00:47:30,100 --> 00:47:32,000
is still half of what inflation 
is. 

1083
00:47:32,300 --> 00:47:37,600
So let's just recalibrate this 
attitude towards teachers, which

1084
00:47:37,600 --> 00:47:40,000
is that we're being greedy. 
Actually, we could have taken 

1085
00:47:40,000 --> 00:47:41,700
four and a half percent and 
would have taken money out of 

1086
00:47:41,700 --> 00:47:44,900
your children's livelihoods at 
school. 

1087
00:47:45,000 --> 00:47:48,100
We don't want to do that. 
It is not greed. 

1088
00:47:48,200 --> 00:47:51,800
We are just fed up of us. 
Being squeezed constantly, 

1089
00:47:51,900 --> 00:47:54,900
400-pound on your mortgage hire 
200 pound on your food, but 

1090
00:47:54,900 --> 00:47:58,300
higher, no increase in your pay 
or a measly. 

1091
00:47:58,600 --> 00:48:01,100
Kris at that. 
And remember, if we get a six 

1092
00:48:01,100 --> 00:48:03,300
percent, pay increase on our 
jobs. 

1093
00:48:03,400 --> 00:48:05,400
That's not a six percent. 
Pay increase in what we take 

1094
00:48:05,400 --> 00:48:06,300
home. 
Oh no. 

1095
00:48:06,400 --> 00:48:08,200
Because tax and income tax comes
after that. 

1096
00:48:08,500 --> 00:48:11,300
So actually in our take-home 
pay, it's even less of a 

1097
00:48:11,308 --> 00:48:13,300
percent. 
So we've got even less spending 

1098
00:48:13,300 --> 00:48:18,000
power, it, winds me up. 
I think that it's just a very 

1099
00:48:18,000 --> 00:48:21,300
easy point to make from Russia 
soon, accept their and is his 

1100
00:48:21,300 --> 00:48:24,200
Golden Throne saying, we just 
have to get through it. 

1101
00:48:24,500 --> 00:48:27,100
I'm sorry, but there is a 
different option and you're not 

1102
00:48:27,100 --> 00:48:30,200
even entertaining it. 
Well, the And to just finishing 

1103
00:48:30,200 --> 00:48:33,000
the analogy with Tesco the 
equivalent to Tesco experiencing

1104
00:48:33,000 --> 00:48:35,600
what we're experiencing their 
CEOs and their shareholders 

1105
00:48:36,400 --> 00:48:39,800
would be in that you said us 
taking a 6.5 percent, pay rise, 

1106
00:48:39,800 --> 00:48:43,700
would still be a pay cut because
it's less spent, you know, money

1107
00:48:43,700 --> 00:48:45,800
that we can spend it would be 
the equivalent of Tesco saying 

1108
00:48:45,800 --> 00:48:49,500
across covid and up to now, we 
know we've made lower profits 

1109
00:48:49,500 --> 00:48:52,600
than we did in 2019 and be like 
yeah, cool. 

1110
00:48:52,900 --> 00:48:54,200
That's what we're all doing. 
Cheers. 

1111
00:48:54,200 --> 00:48:56,600
Thanks Tesco for not. 
Put your prices up and bearing 

1112
00:48:56,600 --> 00:48:58,300
the burden we're all bearing. 
But no. 

1113
00:48:58,300 --> 00:48:58,800
No. 
Oh, no. 

1114
00:48:58,800 --> 00:49:01,700
They made 400 million pounds 
more in that time, you think. 

1115
00:49:01,800 --> 00:49:04,800
Ah, whatever. 
And all they are, all they come 

1116
00:49:04,800 --> 00:49:06,300
back with is because there 
because they were of such 

1117
00:49:06,300 --> 00:49:09,200
massive numbers obviously being 
a huge, huge companies, they 

1118
00:49:09,200 --> 00:49:11,300
just say things, like we've 
maintained. 

1119
00:49:11,300 --> 00:49:13,800
We've maintained a profit margin
of two to three percent every 

1120
00:49:13,800 --> 00:49:16,800
year of our Revenue. 
It's like okay. 

1121
00:49:17,800 --> 00:49:20,100
Don't care though, because that 
numbers are relevant eyetooth of

1122
00:49:20,100 --> 00:49:21,800
two to three percent of like a 
trillion power. 

1123
00:49:21,800 --> 00:49:25,300
You know, who Norma's amount of 
money they make as Revenue as a 

1124
00:49:25,308 --> 00:49:26,700
company. 
It's just a relevant. 

1125
00:49:26,700 --> 00:49:28,500
I don't care if it's two, if two
points. 

1126
00:49:28,600 --> 00:49:32,600
I % 22.6 percent, means you make
400 pounds, 400 million pounds 

1127
00:49:32,600 --> 00:49:35,400
more a year than that was a 
terrible terrible thing and you 

1128
00:49:35,400 --> 00:49:37,300
absolutely shouldn't be gloating
about the fact, you've kept it 

1129
00:49:37,300 --> 00:49:39,600
within 3%. 
That's all for you've made loads

1130
00:49:39,600 --> 00:49:41,900
of profit off the backs of us. 
And we've now got a bear. 

1131
00:49:41,900 --> 00:49:45,400
The burden of stopping inflation
that you have literally 

1132
00:49:45,400 --> 00:49:50,600
perpetuated as a corporation 
completely unregulated by the 

1133
00:49:50,600 --> 00:49:53,300
richest man on on the planet. 
I'm exaggerating. 

1134
00:49:53,300 --> 00:49:57,000
Now who happens to be in charge 
of our country at what backwards

1135
00:49:57,000 --> 00:50:00,000
World we're living in. 
And with that, I'm going to 

1136
00:50:00,000 --> 00:50:05,200
start ranting, I kind of want to
make it come full circle here 

1137
00:50:05,200 --> 00:50:07,900
Hayden. 
Because here's the thing right 

1138
00:50:07,900 --> 00:50:11,300
now in our current situation, 
the any year, as we are loaded, 

1139
00:50:11,300 --> 00:50:14,000
alluded to how a continuing 
strike action. 

1140
00:50:14,100 --> 00:50:17,800
Yeah, okay so I think as 
teachers we understand that 

1141
00:50:17,800 --> 00:50:20,400
giving up the fight now would be
quite frustrating seeing as 

1142
00:50:20,400 --> 00:50:22,800
though, nothing has happened. 
But there's a couple of things 

1143
00:50:22,800 --> 00:50:26,200
one, I make really clear and I 
think the first thing I want to 

1144
00:50:26,207 --> 00:50:30,700
talk about is that there was A 
bit of a miscommunication I'd 

1145
00:50:30,700 --> 00:50:34,100
say into the public as to what 
happens when teachers go and 

1146
00:50:34,100 --> 00:50:35,900
strike. 
And I want to make it really 

1147
00:50:35,900 --> 00:50:38,800
clear now for a couple of 
minutes and you could talk about

1148
00:50:38,900 --> 00:50:40,300
our experiences here, Hayden of 
this. 

1149
00:50:40,300 --> 00:50:44,500
Is that when teachers strike, we
don't actually get paid and I 

1150
00:50:44,508 --> 00:50:48,900
think it's such a kind of symbol
of the times. 

1151
00:50:48,900 --> 00:50:52,600
We are living in that we are 
willing to forgo a day's salary 

1152
00:50:53,100 --> 00:50:55,300
to argue the point that we're 
not paid enough. 

1153
00:50:55,500 --> 00:50:58,500
What kind of a situation must be
be in by teachers feel? 

1154
00:50:58,700 --> 00:51:01,800
That way. 
It's a weapon. 

1155
00:51:01,800 --> 00:51:03,600
Is it? 
Because it seems like a catch-22

1156
00:51:03,600 --> 00:51:06,400
in terms of well, people often 
say, I've heard this argument, 

1157
00:51:06,500 --> 00:51:08,300
if you can afford to take a day 
off, clearly a salaries. 

1158
00:51:08,300 --> 00:51:11,400
All right, and it's like it's 
not, there is it's a sacrifice. 

1159
00:51:11,400 --> 00:51:14,000
I don't think you quite 
understand, the definition of 

1160
00:51:14,000 --> 00:51:17,200
sacrifice people are so 
desperate that I willing to be 

1161
00:51:17,200 --> 00:51:22,200
even poorer for that months. 
Pay to in desperation to not 

1162
00:51:22,200 --> 00:51:24,600
continuously be this poor every 
single month afterwards that 

1163
00:51:24,600 --> 00:51:27,500
that's kind of the point. 
I would make just another really

1164
00:51:27,500 --> 00:51:29,800
quick point. 
I heard someone the other day. 

1165
00:51:30,900 --> 00:51:34,900
At work, say to me, I'm so glad 
we've got a strike days next 

1166
00:51:34,900 --> 00:51:40,400
week because I'm so I'm drowning
in so much work that I can use 

1167
00:51:40,400 --> 00:51:43,800
those two days to catch up. 
And that to me, like, I know 

1168
00:51:43,800 --> 00:51:45,600
they were just sort of saying it
in jest, but they were being 

1169
00:51:45,600 --> 00:51:47,500
serious in terms of their, 
they're going to catch up with 

1170
00:51:47,500 --> 00:51:49,900
work because they work every day
and they just can't get all the 

1171
00:51:49,900 --> 00:51:52,600
work done. 
That is required of this job and

1172
00:51:52,600 --> 00:51:54,400
it's not the same for everybody 
people in different positions 

1173
00:51:54,400 --> 00:51:56,200
and teaching. 
But I reckon there are plenty of

1174
00:51:56,200 --> 00:51:58,600
people who can resonate with 
that person and be like, yep, 

1175
00:51:58,600 --> 00:52:01,100
that's exactly where I am. 
I will be doing Some work on the

1176
00:52:01,100 --> 00:52:03,000
strike. 
They even though I shouldn't be 

1177
00:52:03,500 --> 00:52:04,700
that. 
That's the that's another sort 

1178
00:52:04,700 --> 00:52:07,700
of layer of that. 
Diana's this positions got to. 

1179
00:52:07,700 --> 00:52:10,300
And that person was like, let's 
just succumb to the idea of 

1180
00:52:10,700 --> 00:52:12,100
that's it. 
Now, this is how I get work 

1181
00:52:12,100 --> 00:52:13,600
done. 
I have to take unpaid days off 

1182
00:52:13,600 --> 00:52:16,400
of work to two main take just to
get the job done. 

1183
00:52:16,500 --> 00:52:19,300
And I'm just like, oh man, I 
feel like I'm living in like, a,

1184
00:52:19,300 --> 00:52:22,600
some dystopian future. 
I what Have We Become? 

1185
00:52:22,700 --> 00:52:25,200
It's nice. 
There's so mad, isn't it? 

1186
00:52:25,200 --> 00:52:28,100
And I think it's just like a 
sign of the actual profession, 

1187
00:52:28,200 --> 00:52:30,900
how many Works, how it worked 
days of work due to the When 

1188
00:52:31,200 --> 00:52:33,200
you're not being paid, just to 
make sure this job can actually 

1189
00:52:33,200 --> 00:52:34,900
happen. 
Something I wanted to dive in a 

1190
00:52:34,908 --> 00:52:37,000
bit more of this two things 
here. 

1191
00:52:37,200 --> 00:52:40,800
Number one is, it's both linked 
to the fact that the any you are

1192
00:52:40,800 --> 00:52:42,700
fan out strikes for this time. 
Okay. 

1193
00:52:42,900 --> 00:52:45,700
So a lot a lot of people, I 
think in any you and this is 

1194
00:52:45,700 --> 00:52:47,800
still going ahead by the way, 
because the other unions are 

1195
00:52:47,800 --> 00:52:51,000
balloting and we're looking at 
industrial action in September 

1196
00:52:51,400 --> 00:52:52,800
through more than just one 
Union. 

1197
00:52:53,000 --> 00:52:56,100
So so far, only the, any you 
have met the threshold to go 

1198
00:52:56,100 --> 00:52:58,000
through strikes. 
There are three or four others 

1199
00:52:58,000 --> 00:53:00,000
now that are trying to do. 
So they include head teachers, 

1200
00:53:00,000 --> 00:53:02,700
teaching, Assistance etcetera, 
for having the biggest impact 

1201
00:53:02,700 --> 00:53:05,600
possible. 
Okay, two things have come from 

1202
00:53:05,600 --> 00:53:08,700
this from this announcement that
they're going to have strikes in

1203
00:53:09,200 --> 00:53:11,200
this term. 
Number one. 

1204
00:53:11,200 --> 00:53:16,200
Quite a lot of teachers have 
called it misjudged or not quite

1205
00:53:16,200 --> 00:53:18,700
happy that they've called 
strikes in this time because of 

1206
00:53:18,700 --> 00:53:20,500
the impact. 
It's going to have on a lot of 

1207
00:53:20,500 --> 00:53:23,500
things that's important for our 
children, such as transitions, 

1208
00:53:23,500 --> 00:53:25,900
such as Sports days, such as 
those things that happen in this

1209
00:53:25,900 --> 00:53:29,600
busy term, which we love to 
provide for the children. 

1210
00:53:30,100 --> 00:53:32,500
But Secondly, I've seen a lot of
teachers as well. 

1211
00:53:32,500 --> 00:53:37,200
Say I'd love to strike but I now
linked to what we just said, 

1212
00:53:37,200 --> 00:53:40,800
literally can't afford to. 
Yeah, I literally cannot afford 

1213
00:53:40,800 --> 00:53:42,800
to strike now because I have 
forgone so much money. 

1214
00:53:42,800 --> 00:53:45,100
I've made such a sacrifice, I've
got children. 

1215
00:53:45,100 --> 00:53:48,100
Perhaps, I'm a single parent 
perhaps on this map sign that I 

1216
00:53:48,100 --> 00:53:52,400
literally can't lose 200 pounds 
term because of x, y and Zed. 

1217
00:53:52,600 --> 00:53:56,400
And what's frustrating me is 
both of those things are kind of

1218
00:53:56,400 --> 00:53:59,000
like a push back to strike 
Action Now despite agreeing with

1219
00:53:59,000 --> 00:54:01,700
the strikes, but there's now a a
sense of a push back to the 

1220
00:54:01,700 --> 00:54:04,300
strikes immediately picked up by
The Daily Mail immediate picked 

1221
00:54:04,300 --> 00:54:06,600
up by the telegraph. 
The government to be seen as 

1222
00:54:06,600 --> 00:54:09,400
see. 
The need is waning teachers 

1223
00:54:09,400 --> 00:54:12,500
don't want teachers understand? 
And then we can kind of frame it

1224
00:54:12,500 --> 00:54:14,400
in that way. 
Now, that actually do, they 

1225
00:54:14,400 --> 00:54:16,800
don't want to strike any more. 
It's really frustrating me. 

1226
00:54:16,800 --> 00:54:18,900
Do you think it was an own goal 
but that any you putting strikes

1227
00:54:18,900 --> 00:54:21,100
now, or do you feel that? 
It's just always going to 

1228
00:54:21,100 --> 00:54:22,900
happen. 
Be the case off the months and 

1229
00:54:22,900 --> 00:54:24,600
months. 
I can see the double negative 

1230
00:54:24,600 --> 00:54:27,800
because not only can the Daily 
Mail jump on what you just said 

1231
00:54:27,800 --> 00:54:29,900
there about. 
See teachers they're not they 

1232
00:54:29,900 --> 00:54:30,600
don't want a strike. 
Much. 

1233
00:54:30,600 --> 00:54:33,200
Now, they can also jump on. 
See the ones that are striking 

1234
00:54:33,200 --> 00:54:34,400
clearly. 
Don't care about the kids, like 

1235
00:54:34,400 --> 00:54:36,500
we said, because they're doing 
it on sports day and transition.

1236
00:54:36,900 --> 00:54:40,500
I think it was a little a little
bit silly that reason I still 

1237
00:54:40,500 --> 00:54:43,800
don't disagree of them and I 
will be striking on those days 

1238
00:54:44,200 --> 00:54:46,500
and I think, I don't know, I 
guess the other way to look at 

1239
00:54:46,500 --> 00:54:49,700
it, is it kind of highlights the
highlights it in the, in the, in

1240
00:54:49,700 --> 00:54:51,700
the opposite way that teachers 
clearly do care? 

1241
00:54:51,700 --> 00:54:54,200
They care so much. 
That even the most important 

1242
00:54:54,200 --> 00:54:57,800
thing to the profession right 
now, which is striking can might

1243
00:54:57,800 --> 00:55:00,000
be deterred by the fact that 
they care about these kids so 

1244
00:55:00,000 --> 00:55:01,500
much. 
Much of their now don't want to 

1245
00:55:01,500 --> 00:55:04,300
do it, you know, I mean I do 
it's a weird when I think it 

1246
00:55:04,308 --> 00:55:06,600
just I think it works both ways 
to the point where it's just a, 

1247
00:55:06,700 --> 00:55:08,000
it's kind of a pointless 
argument. 

1248
00:55:08,200 --> 00:55:12,800
I think I understand the urgency
and I do just think we need to 

1249
00:55:12,808 --> 00:55:14,600
strike. 
It's a bit tough that it's in 

1250
00:55:14,600 --> 00:55:16,500
term six. 
Okay. 

1251
00:55:16,600 --> 00:55:18,100
It is just two days out of time 
six. 

1252
00:55:18,100 --> 00:55:20,900
I'll be one of my things. 
It might, it might cause some 

1253
00:55:20,900 --> 00:55:22,900
rearranging of days. 
I understand that some schools 

1254
00:55:22,900 --> 00:55:24,500
have look plan. 
That's what stays on those days.

1255
00:55:24,500 --> 00:55:28,400
It's really annoying and they 
might now have to rearrange that

1256
00:55:28,400 --> 00:55:30,300
day because I don't actually 
want to lose the sports day. 

1257
00:55:30,700 --> 00:55:34,400
Through a different time. 
Yeah, it's annoying, but I think

1258
00:55:34,400 --> 00:55:36,500
we have to fight for what we 
want. 

1259
00:55:36,500 --> 00:55:38,700
I really do and I think it is a 
fight, it's a fight, it's a 

1260
00:55:38,707 --> 00:55:41,700
fight financially, it's a fight 
with our time, and it's going to

1261
00:55:41,700 --> 00:55:44,000
be a fight for some people. 
In terms of reorganizing things,

1262
00:55:44,000 --> 00:55:48,400
nice things that they wanted to 
do and carry on doing today. 

1263
00:55:48,400 --> 00:55:50,400
It's I feel weird about it, it's
a tough one. 

1264
00:55:51,500 --> 00:55:53,400
I think, the biggest point, A 
lot of people are saying word, 

1265
00:55:53,400 --> 00:55:56,200
that the strikes are obviously 
meant to be disruptive, okay, so

1266
00:55:56,200 --> 00:55:59,300
a lot of arguments that that 
said, look one year without 

1267
00:55:59,300 --> 00:56:02,500
sports day, Is really annoying 
and we frustrating for a lot of 

1268
00:56:02,500 --> 00:56:04,100
children. 
It's a huge day in the calendar,

1269
00:56:04,300 --> 00:56:06,900
but it's for the long-term goals
to be prompted to afford 

1270
00:56:06,900 --> 00:56:08,900
equipment. 
Yeah, it's a long time, God as 

1271
00:56:08,900 --> 00:56:10,800
well, to be able to afford 
equipment in the coming years 

1272
00:56:10,900 --> 00:56:13,300
for said, sports day. 
Like we need money in school to 

1273
00:56:13,300 --> 00:56:19,100
provide these opportunities, but
kind of on a deeper level, I 

1274
00:56:19,100 --> 00:56:24,000
just, I feel like with this, 
this strike action, it just has 

1275
00:56:24,000 --> 00:56:29,300
to go ahead because The whole 
argument from the government of 

1276
00:56:29,300 --> 00:56:32,400
the not that not basically, it's
because they haven't released 

1277
00:56:32,400 --> 00:56:33,800
this report that we talked about
earlier. 

1278
00:56:34,200 --> 00:56:37,600
And the the idea of being seen 
to let the government get away 

1279
00:56:37,600 --> 00:56:41,800
with it, for, what would be up 
until September about six months

1280
00:56:41,800 --> 00:56:44,800
between strikes? 
So, that's a long time to kind 

1281
00:56:44,800 --> 00:56:47,100
of just be like, oh, we're going
to wait and see and they can 

1282
00:56:47,100 --> 00:56:50,700
kick the can down the road. 
I think that the negative press 

1283
00:56:50,700 --> 00:56:54,200
that might come from the kind of
division in teaching at the 

1284
00:56:54,200 --> 00:56:56,700
minute as to whether it's right 
or wrong, I think overall it's 

1285
00:56:56,700 --> 00:56:59,500
still Good thing to keep it in 
the mind of people that teachers

1286
00:56:59,500 --> 00:57:02,900
are still striking and and those
teachers who are in a position 

1287
00:57:02,900 --> 00:57:05,700
where they think they can't 
afford to do so, I think they're

1288
00:57:05,700 --> 00:57:08,800
the ones who are struggling the 
most right now morally as it's 

1289
00:57:08,800 --> 00:57:13,700
such a moral dilemma for them. 
And I hate it when anyone who 

1290
00:57:13,700 --> 00:57:16,900
hasn't been part of a union and 
I'm calling out other teachers 

1291
00:57:16,900 --> 00:57:19,800
now, I'm not, I'm not afraid to 
do that, obviously it's the 

1292
00:57:19,808 --> 00:57:23,200
public and strangers as well. 
But teachers who haven't taken a

1293
00:57:23,207 --> 00:57:25,900
single strike day who've gone in
on those days. 

1294
00:57:26,000 --> 00:57:29,000
Done their job. 
Taking their pay whenever they 

1295
00:57:29,000 --> 00:57:32,400
comment about someone who maybe 
at this point is deciding. 

1296
00:57:32,400 --> 00:57:34,000
Okay, I'm not going to strike 
this time because I need the 

1297
00:57:34,000 --> 00:57:36,500
money whenever they're 
commenting about that. 

1298
00:57:36,500 --> 00:57:38,900
Say, oh, that's a bit. 
That's against your, your 

1299
00:57:38,900 --> 00:57:41,700
morals, in a thought. 
You were for the strikes, it 

1300
00:57:41,700 --> 00:57:43,800
wind me up, no end. 
And I've seen I've seen this 

1301
00:57:43,800 --> 00:57:48,000
posted online, I think, if you 
haven't sacrificed your money 

1302
00:57:48,000 --> 00:57:51,500
for this, cause whether you 
agree with it or not, you need 

1303
00:57:51,500 --> 00:57:53,700
to just keep quiet. 
You need to not is your 

1304
00:57:53,700 --> 00:57:57,300
Europeans, not relevant. 
In this don't tell One, whether 

1305
00:57:57,300 --> 00:57:59,800
they're right or wrong for 
choosing to strike or not. 

1306
00:57:59,800 --> 00:58:02,100
If they've already done it five 
times this year and can't 

1307
00:58:02,100 --> 00:58:05,100
afford, another couple of 
hundred quid it won't Smell Ya 

1308
00:58:05,200 --> 00:58:07,100
Big Time as a big burn from 
Dylan there. 

1309
00:58:07,400 --> 00:58:09,800
It's true and I'm sure we're not
calling out many teachers 

1310
00:58:09,800 --> 00:58:13,100
because I know there's a lot of 
unity in this kind of course. 

1311
00:58:13,100 --> 00:58:15,600
But yeah there are there are 
some people who think in that 

1312
00:58:15,600 --> 00:58:19,200
way and it's not fair. 
Yeah, and again, like I said, 

1313
00:58:19,700 --> 00:58:21,600
making it very clear. 
I'm talking specifically about 

1314
00:58:21,600 --> 00:58:23,700
those people who think it's 
their job to kind of make a 

1315
00:58:23,707 --> 00:58:26,600
comment or pass, comment on 
someone's decision to strike, or

1316
00:58:26,607 --> 00:58:28,500
not in that. 
Respect at the start, we were 

1317
00:58:28,508 --> 00:58:30,600
very vocal when we hate and 
trying to convince people to 

1318
00:58:30,600 --> 00:58:33,200
strike. 
And I think we all are very 

1319
00:58:33,200 --> 00:58:35,300
first podcast, episode was why 
teacher striking? 

1320
00:58:35,300 --> 00:58:38,100
Because it was when teachers did
did a strike I was going to say,

1321
00:58:38,100 --> 00:58:42,900
struck for the first time and 
and I think we talked about, 

1322
00:58:42,900 --> 00:58:45,600
didn't we how I views became 
less militant? 

1323
00:58:45,600 --> 00:58:48,200
Maybe and we did we do. 
Stan, we were very militant like

1324
00:58:48,200 --> 00:58:50,200
we were super medicine, man. 
Like, I actually thought you 

1325
00:58:50,200 --> 00:58:52,400
were gonna go into one of your 
older opinions are, which you 

1326
00:58:52,400 --> 00:58:55,200
haven't said in a while, which 
is that review saying is need 

1327
00:58:55,200 --> 00:58:56,000
Papi. 
Don't, I don't know if you'd 

1328
00:58:56,000 --> 00:58:57,900
approve it anymore. 
Not, I'll challenge you on it 

1329
00:58:58,000 --> 00:59:02,200
which was if you voted knows a 
striking, didn't strike and 

1330
00:59:02,200 --> 00:59:06,100
stayed in and you know just got 
paid on those days when the pay 

1331
00:59:06,100 --> 00:59:10,100
Rises come next year. 
If any pay Rises come based on 

1332
00:59:10,100 --> 00:59:14,100
strike action off you go donate 
it then you clearly have to know

1333
00:59:14,107 --> 00:59:17,700
what it was, you didn't do 
anything for it, so donate I 

1334
00:59:17,700 --> 00:59:19,900
think it did. 
Yeah you're challenging me on 

1335
00:59:19,900 --> 00:59:22,500
this. 
If it's I still think that. 

1336
00:59:22,900 --> 00:59:26,000
Okay, yeah, for very specific 
groups of people. 

1337
00:59:26,000 --> 00:59:28,600
And this is why I can't just say
anymore because I realize that I

1338
00:59:28,600 --> 00:59:31,900
am making that point to people 
who can't afford to strike and I

1339
00:59:31,900 --> 00:59:33,500
hate that. 
I hate the idea with me saying 

1340
00:59:33,500 --> 00:59:36,600
that and then someone who can't 
afford to strike is like I 

1341
00:59:36,600 --> 00:59:38,600
literally can't afford to try 
because every teacher in a 

1342
00:59:38,607 --> 00:59:43,300
different situation you know our
households have dual income and 

1343
00:59:43,300 --> 00:59:46,700
no dependence right now. 
So it's not the same as a single

1344
00:59:46,700 --> 00:59:48,600
mom with four kids. 
It's like this, it's not 

1345
00:59:48,600 --> 00:59:52,200
remotely comparable, so I would 
never ever say to that person. 

1346
00:59:52,200 --> 00:59:53,900
Well, you didn't strike getting 
the bin laughs. 

1347
00:59:53,900 --> 00:59:56,200
I've got a, my 50 Quid a month. 
Thank you very much know. 

1348
00:59:56,200 --> 00:59:59,400
I'd never do that, obviously. 
But I'm talking about people in 

1349
00:59:59,400 --> 01:00:02,600
a very similar situation. 
I know lots of teachers whose 

1350
01:00:02,600 --> 01:00:05,700
partners are the Breadwinners 
when and significantly more in a

1351
01:00:05,707 --> 01:00:08,800
very, very comfortable stable 
Financial condition and they 

1352
01:00:08,800 --> 01:00:11,400
teach very much as like a 
vocation, they don't really need

1353
01:00:11,400 --> 01:00:13,300
that money. 
They choose to do it for various

1354
01:00:13,300 --> 01:00:17,100
reasons and they it's those kind
of people. 

1355
01:00:17,400 --> 01:00:19,800
And don't get me wrong, most of 
them are very supportive and 

1356
01:00:19,800 --> 01:00:21,100
they actually still strike as 
well. 

1357
01:00:21,500 --> 01:00:25,400
But when it's those kind of 
situations who think, oh no, I'm

1358
01:00:25,400 --> 01:00:27,800
thinking of the children I'm 
coming in because I'm thinking, 

1359
01:00:27,800 --> 01:00:31,300
but I do like condescendingly 
anti Strikers, you know? 

1360
01:00:31,300 --> 01:00:35,000
I mean, like they're militantly 
anti striking and their vocal 

1361
01:00:35,000 --> 01:00:38,300
about their opinions and they 
look down on teachers who strike

1362
01:00:38,300 --> 01:00:41,600
because they have assessed that 
I don't need the money and it 

1363
01:00:41,600 --> 01:00:44,600
affects the kids negatively. 
So what you're doing is bad it's

1364
01:00:44,600 --> 01:00:47,100
those people isn't it that 
really grind ideas. 

1365
01:00:47,300 --> 01:00:50,100
Not that I know any personally, 
but I've certainly seen online 

1366
01:00:50,900 --> 01:00:53,900
and I know personally, loads of 
people who aren't striking for 

1367
01:00:53,900 --> 01:00:57,200
various reasons, and all of 
those people are in support of 

1368
01:00:57,200 --> 01:00:59,500
the strikes is funny. 
They're all in support of it, 

1369
01:00:59,500 --> 01:01:02,100
but for one reason or another, 
they either can't or they're not

1370
01:01:02,100 --> 01:01:04,400
going to for their own reasons, 
and it's completely acceptable. 

1371
01:01:04,800 --> 01:01:07,500
But, yeah, that particular type 
of person that's just horrible 

1372
01:01:07,500 --> 01:01:11,700
Converse, ending like, attitude 
towards it, gay in the bin and 

1373
01:01:11,700 --> 01:01:14,900
donate you. 
My dear, we get it for you and I

1374
01:01:14,900 --> 01:01:16,900
do just finishing off on that 
point. 

1375
01:01:16,900 --> 01:01:20,200
I do I also think that it's 
acceptable to not go the other 

1376
01:01:20,200 --> 01:01:22,200
way and kind of condescend, 
those people say, oh you're 

1377
01:01:22,200 --> 01:01:24,100
pathetic, you're not striking, 
you don't deserve this. 

1378
01:01:24,300 --> 01:01:27,200
But I think you can go the other
way and say to people have been 

1379
01:01:27,200 --> 01:01:29,700
striking. 
You are bearing, the brunt of 

1380
01:01:29,700 --> 01:01:33,300
this, you are carrying a 
financial burden, you are 

1381
01:01:33,300 --> 01:01:35,400
helping the profession. 
Massively for a personal 

1382
01:01:35,400 --> 01:01:39,000
sacrifice, both mentally and 
physically Ansari and 

1383
01:01:39,000 --> 01:01:42,000
financially physically 
physically. 

1384
01:01:42,200 --> 01:01:44,800
I'm lying in bed all day, but 
it's not physical a physical 

1385
01:01:44,800 --> 01:01:49,000
one, but you're bearing that 
Real burden for the greater good

1386
01:01:49,000 --> 01:01:52,400
of everyone and I think you can,
he preys on them and I think 

1387
01:01:52,400 --> 01:01:54,400
people are worried about doing 
that, in case, it's all well, 

1388
01:01:54,400 --> 01:01:55,300
what everyone else? 
Think. 

1389
01:01:55,300 --> 01:01:57,600
No, no, you're doing the right 
thing for this profession. 

1390
01:01:57,700 --> 01:02:00,800
Thank you for losing hundreds of
pounds for sticking by that. 

1391
01:02:00,800 --> 01:02:01,800
So that's what we're gonna do 
right now. 

1392
01:02:01,800 --> 01:02:03,500
So, what we're going to do is 
this little section where I 

1393
01:02:03,500 --> 01:02:07,700
praise Dillon, and he Praises me
for all of the amazing things 

1394
01:02:07,700 --> 01:02:09,400
that we're doing to help the 
strike action. 

1395
01:02:09,400 --> 01:02:12,100
So it's really nice really Dylan
Dylan. 

1396
01:02:12,600 --> 01:02:19,000
Thank you so much for striking 
and taking physical And to do 

1397
01:02:19,000 --> 01:02:20,400
that. 
I can thank you so much. 

1398
01:02:20,400 --> 01:02:22,800
I really appreciate. 
Okay, yours and yours and now 

1399
01:02:22,800 --> 01:02:24,300
Hayden. 
Yeah, we're going to finish off 

1400
01:02:24,300 --> 01:02:26,000
their for this section. 
So that's pretty nice to. 

1401
01:02:26,000 --> 01:02:31,400
You've got to Right. 
Dylan, we've been moaning and 

1402
01:02:31,400 --> 01:02:32,700
waffling for. 
I don't know. 

1403
01:02:32,700 --> 01:02:34,600
Best part of an hour now, so I 
think we need to bring it to an 

1404
01:02:34,600 --> 01:02:36,500
end. 
I just want to say though, it's 

1405
01:02:36,500 --> 01:02:39,600
so funny how in the last few 
episodes we've been, like, 

1406
01:02:39,600 --> 01:02:42,100
really by big ourselves up for 
being way more positive. 

1407
01:02:42,100 --> 01:02:44,800
Now, the back in the early 
episodes, we were a little bit 

1408
01:02:44,800 --> 01:02:48,300
too Monie and we have just spent
the last hour, absolutely going 

1409
01:02:48,300 --> 01:02:50,900
to town moaning about everything
but we need it. 

1410
01:02:50,900 --> 01:02:52,500
And I know there are people 
listening to this. 

1411
01:02:52,700 --> 01:02:55,300
Who are we love a moan? 
We all love a moan as long as 

1412
01:02:55,308 --> 01:02:58,100
it's in the right context and 
you know that's what it was all 

1413
01:02:58,100 --> 01:03:00,600
about today. 
Just Just getting out our grapes

1414
01:03:00,600 --> 01:03:04,100
and explaining why we are still 
striking and why we are still 

1415
01:03:04,100 --> 01:03:07,000
fed up with the state that the 
economy is in this country. 

1416
01:03:07,300 --> 01:03:07,900
Yeah. 
Absolutely. 

1417
01:03:07,900 --> 01:03:10,700
And in the future just you all 
know this was episode. 

1418
01:03:10,700 --> 01:03:12,500
We just those two we still have 
guests coming in the future. 

1419
01:03:12,500 --> 01:03:15,000
We have a few lined up. 
We have one for you next week. 

1420
01:03:15,100 --> 01:03:17,300
It is not Russia sooner. 
It's even better. 

1421
01:03:17,400 --> 01:03:20,000
Okay, so we have a lovely 
episode coming up next week all 

1422
01:03:20,000 --> 01:03:22,200
to do with transition. 
For your six is going into 

1423
01:03:22,200 --> 01:03:25,300
secondary school and talking 
about reading so Hayden. 

1424
01:03:25,300 --> 01:03:26,900
It's going to be a really, 
really good one. 

1425
01:03:27,200 --> 01:03:30,100
Yeah, please do tune in. 
We've And yeah, absolutely 

1426
01:03:30,100 --> 01:03:32,000
amazing guests and we're still 
getting more lined up. 

1427
01:03:32,000 --> 01:03:34,700
So, you know, get in touch with 
starting to get contacted Now, 

1428
01:03:34,700 --> 01:03:36,900
by people, as well as saying, 
I'd love to come on your podcast

1429
01:03:37,100 --> 01:03:38,800
one day and talk about X Y, or Z
said. 

1430
01:03:39,000 --> 01:03:41,200
And if that expires at is 
interesting and doesn't count 

1431
01:03:41,300 --> 01:03:44,500
your man doesn't count. 
Well, let me she just wants to 

1432
01:03:44,508 --> 01:03:49,200
talk about how it's gonna 
really, really, so that I love 

1433
01:03:49,200 --> 01:03:53,700
mine, an older generation like 
to talk about how everything was

1434
01:03:53,700 --> 01:03:56,100
handed to that generation. 
Okay, and it's so hard for them,

1435
01:03:56,200 --> 01:03:58,200
I'm not gonna do it because if I
said that, that would be really 

1436
01:03:58,200 --> 01:04:00,900
mean and I didn't just do it. 
Give me did he really mean it 

1437
01:04:00,900 --> 01:04:01,600
reveal. 
Exactly. 

1438
01:04:01,700 --> 01:04:03,500
You didn't do that thing. 
What people do all the time 

1439
01:04:03,500 --> 01:04:04,600
where they say, I'm not going to
say it. 

1440
01:04:04,600 --> 01:04:07,200
I'm not going to say that X Y 
Zed and then by definition to 

1441
01:04:07,207 --> 01:04:09,800
say what they think. 
Anyway, it also, you know, it 

1442
01:04:09,800 --> 01:04:11,200
wasn't it's just just an 
average. 

1443
01:04:12,400 --> 01:04:16,500
We hear that was it wasn't mine,
and mine ad wasn't just the 

1444
01:04:16,500 --> 01:04:18,600
average man. 
The average man was taking 

1445
01:04:18,600 --> 01:04:21,100
everything, it's just a 
coincidence that all of the 

1446
01:04:21,107 --> 01:04:23,900
million pound homes exist now 
and exclusively by 50 plus year 

1447
01:04:23,900 --> 01:04:26,300
olds, it's just it's just Bing, 
okay? 

1448
01:04:26,300 --> 01:04:28,000
And it's just a quick, it's just
complete coincidence. 

1449
01:04:28,000 --> 01:04:29,700
That all of the older generation
of already paid off their 

1450
01:04:29,700 --> 01:04:31,000
mortgage. 
So we're not being remotely 

1451
01:04:31,000 --> 01:04:33,300
affected by interest rates, it's
just the young to also aren't 

1452
01:04:33,300 --> 01:04:35,600
getting a pay rise. 
Let's not go back and we're not 

1453
01:04:35,600 --> 01:04:38,400
going to go into the fact, okay?
There is no such thing as a 

1454
01:04:38,408 --> 01:04:40,600
youth tax or anyone over about 
50 because they didn't have to 

1455
01:04:40,600 --> 01:04:42,700
pay extortion at student. 
Student loan fees. 

1456
01:04:42,700 --> 01:04:43,700
We're not going to talk about 
it. 

1457
01:04:43,700 --> 01:04:45,500
It's just the same it's 
generated. 

1458
01:04:45,500 --> 01:04:50,000
We all die. 
Not going to mention how life is

1459
01:04:50,600 --> 01:04:53,200
possibly worse as it's ever been
financially for anyone in our 

1460
01:04:53,200 --> 01:04:54,500
situation and we're not 
presenting. 

1461
01:04:54,500 --> 01:04:56,400
We're not resentful, we don't, 
we don't care about. 

1462
01:04:57,300 --> 01:04:59,200
Oh man, we're not going there. 
Right? 

1463
01:04:59,200 --> 01:05:05,300
Anyway, guys stories please. 
Yeah, thanks for tuning in. 

1464
01:05:05,300 --> 01:05:05,500
See ya.